Placed in Asset Service Machinery Computer equipment office building Total Basis: September 12 $ 1,480,000 February 101 April 2 460,000 575,000 $ 2,515,000 Check my work b. What is the maximum total depreciation, including $179 expense, that AMP may deduct in 202 placed in service in 2021, assuming no bonus depreciation? (Round your intermediate calculati answer to the nearest whole dollar amount.) on the assets it and final Maximum total depreciation (including 5179 expense) $ 1,142,000 es Required information [The following information applies to the questions displayed below.) AMP Corporation (calendar year-end) has 2021 taxable income of $1,900,000 for purposes of computing the $179 expense. During 2021, 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 $ 1,480,000 Computer equipment February 10 460,000 Office building Total April 2 575,000 $ 2,515,000 b. What is the maximum total depreciation, includina 179 expense, that AMP may deduct in 2021 on the asse 9 < Prev 2 3 4 of 17 Next >