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AMP Corporation (calendar-year-end) has 2016 taxable income of $900,000 before the 179 expense. During 2016, AMP acquired the following assets: (Use MACRS Table 1, Table

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AMP Corporation (calendar-year-end) has 2016 taxable income of $900,000 before the 179 expense. During 2016, AMP acquired the following assets: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

Placed in

Asset Service Basis

Machinery September 12 $ 1,550,000

Computer equipment February 10 365,000

Office building April 2 480,000

Total $2,395,000

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\fTABLE 23 MAtI-t Mid-Duortor Convention: For property pieced in service during the first querter Depreciation Rate for Recovery Period 'i'nr E-ynr T-yonr 1 35.0053 25.0035 2 25.00 21.43 3 15.50 15.31 4 11.01 10.33 5 11.01 3.?5 5 1.33 3.?4 ? 3.?5 3 1.03 TABL E 2') Nina-15 Mid-Dunner Convention: For property pieced in service during the second querter Depreciation Rate for Recovery Period 'iha r E-yoar 'i-yolr 1 25.00% 113535 2 30.00 23.4? 3 13.00 15.?5 4 11.3? 11.3? 5 11.3? 3.3? 5 425 3.3? ? 3.3? 3 3.34 TABL E 20 MAGRE Mid-Duo rtor Convention: For property pieced in service during the third querter Depreciation Rate for Recovery Period You E-yoar 1er 1 15.0055 10.?135 2 3400 25.51 3 20.40 13.22 4 12.24 13.02 5 11.30 3.30 5 ?.05 3.35 ? 3.35 3 5.53 TABLE 21:] MAWE-Mid Quarter Convention: For property pieced in service during the fourth quarter Depreciation Rate for Recovery Period Your E-yoar 'i-ynlr 1 5.00% 3.5?35 2 33.00 2?.55 3 22.30 13.53 4 13.53 1405 5 10.34 10.04 5 3.53 3.?3 ? 3.?3 3 ?.54 \fTABLE 4 Nonresidential Real Property Mid-Month Convention Straight Line31.5Years \"or assets placed in service before May 13, 1993] Month Property Placed in Service bar 1 2 3 4 5 5 1 s a 10 11 12 1 3.042% 2.11311. 2.51390 2.24395 1.354115 1.120% 1.45591, 1.10031. 0. 52595 0.55191. 0.33190 313291. 21 3.115 3.115 3.115 3.115 3.115 3.115 3.115 3.115 3.115 3.115 3.115 3.115 3 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.115 3.115 3.115 3.115 3.115 9 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 10 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 11 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 12 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 13 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 14 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3114 3.115 3.114 15 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3115 3.114 3.115 15 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 11 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 15 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 13 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 20 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 21 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 22 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 23 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 24 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 25 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 25 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 21 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 25 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 23 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 30 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 31 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 3.114 3.115 32 1.120 1.054 2.243 2.513 2.115 3.042 3.115 3.114 3.115 3.114 3.115 3.114 33 0.132 0.391 0.551 0.025 1.190 1.455 AB LE 5 Nenmidentinl Real Property Mid-Month Convention Straight Line-SBYears {for assets placed in service on or aner May 13, 1993) Month property placed in service 9' TD 12 2.461% 2.24791: 2.033% 1.819% 1.39155 1.1??91: 0.9%\": 0.749% 0.535% 0.32195 0.107% 2.564 2.564 2.564 2.554 2.534 2.554 2.564 2.564 2.584 2.564 2.554 0.10? 0.321 0.535 0. 749 1.17? 1.391 1.605 1.519 2.033 2.24? 2.451

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