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-6. 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: Asset

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-6. 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: Asset Placed in Service Basis Machinery September 12 $1,550,000 Computer equipment February 10 365,000 Office building April 2 480,000 Total $2,395,000 a) What is the maximum amount of 8179 expense AMP may deduct for 2020? b) What is the maximum total depreciation, including $179 expense, that AMP may deduct in 2020 on the assets it placed in service in 2020, assuming no bonus depreciation

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