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AMP Corporation (calendar-year-end) has 2023 taxable income of $1,900,000 for purposes of computing the 179 expense. During 2023, AMP acquired the following assets: (Use MACRS

AMP Corporation (calendar-year-end) has 2023 taxable income of $1,900,000 for purposes of computing the 179 expense. During 2023, AMP acquired the following assets: (Use MACRS Table 1, Table 2, Table 3, Table 4, and Table 5.)

Asset Placed in Service Basis
Machinery September 12 $ 1,420,000
Computer equipment February 10 430,000
Office building April 2 545,000
Total $ 2,395,000

b. What is the maximum total depreciation, including 179 expense, that AMP may deduct in 2023 on the assets it placed in service in 2023, assuming no bonus depreciation?

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