7 Part 2 of 2 0.93 points Skipped eBook Print 3 Check my work Required information Problem 10-56 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below.] 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.) Asset Placed in Service Basis Machinery Computer equipment Office building September 12 February 10 April 2 $ 1,410,000 425,000 540,000 Total $ 2,375,000 References 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. Maximum total depreciation (including $179 expense) 8 Check my work Part 1 of 4 0.93 points Skipped eBook Print Required information Problem 10-59 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below.] Dain's Diamond Bit Drilling purchased the following assets this year. Asset Drill bits (5-year) Drill bits (5-year) Commercial building Purchase Date March 19 Original Basis $ 91,200 September 20 96,200 June 22 244,000 Assume its taxable income for the year was $65,000 for purposes of computing the $179 expense (assume no bonus depreciation). (Use MACRS Table 1, Table 2. Table 3, Table 4 and Table 5.) Note: Leave no answer blank. Enter zero if applicable. References Problem 10-59 Part a (Algo) a. What is the maximum amount of $179 expense Dain's may deduct for the year? 179 expense