30 pontu AMP Corporation (calendar year-end) has 2020 taxable income of $1,900,000 for purposes of computing the $179 expense. During 2020, AMP acquired the following assets: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5) Aset Machinery Computer equipment office building Total Placed in Service September 12 Basis $1,550,000 February 10 April 2 365,000 400,000 $2,395,000 a. What is the maximum amount of $179 expense AMP may deduct for 2020? Answer is complete but not entirely correct. Ma 5179 expense deductible $2,000,000: