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AMP Corporation (calendar year-end) has 2022 taxable income of $1,900,000 for purposes of computing the $179 expense. During 2022 , AMP acquired the following assets:

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AMP Corporation (calendar year-end) has 2022 taxable income of $1,900,000 for purposes of computing the $179 expense. During 2022 , AMP acquired the following assets: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Problem 10-56 Part a (Algo) a. What is the maximum amount of 179 expense AMP may deduct for 2022? AMP Corporation (calendar year-end) has 2022 taxable income of $1,900,000 for purposes of computing the $179 expense. During 2022 , AMP acquired the following assets: (Use MACRS Table 1, Table 2, Table 3 , Table 4 and Table 5 .) Problem 10-56 Part b (Algo) b. What is the maximum total depreciation, including 179 expense, that AMP may deduct in 2022 on the assets it placed in service in 2022 , assuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. AMP Corporation (calendar year-end) has 2022 taxable income of $1,900,000 for purposes of computing the $179 expense. During 2022 , AMP acquired the following assets: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Problem 10-56 Part a (Algo) a. What is the maximum amount of 179 expense AMP may deduct for 2022? AMP Corporation (calendar year-end) has 2022 taxable income of $1,900,000 for purposes of computing the $179 expense. During 2022 , AMP acquired the following assets: (Use MACRS Table 1, Table 2, Table 3 , Table 4 and Table 5 .) Problem 10-56 Part b (Algo) b. What is the maximum total depreciation, including 179 expense, that AMP may deduct in 2022 on the assets it placed in service in 2022 , assuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount

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