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Required information [ The following information applies to the questions displayed below. ] AMP Corporation ( calendar - year - end ) has 2 0
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
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? Round your intermediate calculations and final answer to the nearest whole dollar
amount.
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