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Part 2 of 2 Required information [ The following information applies to the questions displayed below. ] AMP Corporation ( calendar - year - end
Part of Required information The following information applies to the questions displayed below. AMP Corporation calendaryearend has taxable income of $ for purposes of computing the $ expense. During AMP acquired the following assets: Use MACRS Table Table Table Table and Table tablePlaced inAssetService,Basis,,MachinerySeptember $Computer equipment,February Office building,April Total$ b What is the maximum total depreciation, including expense, that AMP may deduct in on the assets it placed in service in assuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. Answer is complete but not entirely correct. Maximum total depreciation including expense $
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Required information
The following information applies to the questions displayed below.
AMP Corporation calendaryearend has taxable income of $ for purposes of computing the $ expense. During AMP acquired the following assets: Use MACRS Table Table Table Table and Table
tablePlaced inAssetService,Basis,,MachinerySeptember $Computer equipment,February Office building,April Total$
b What is the maximum total depreciation, including expense, that AMP may deduct in on the assets it placed in service in assuming no bonus depreciation?
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
Answer is complete but not entirely correct.
Maximum total depreciation including expense
$
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