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Required information [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

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Required information [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 Iable 1. Iable 2, Table 3, Table 4 and Table 5.) b. What is the maximum total depreciation, including 5179 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. Table 1 MACRS Half-Year Convention TABLE 2a MACRS Mid-Quarter Conventinn: For property placed in service during the first quarter TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter IABLE 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter IABLE 3 Residential Rental Property Mid-Month Convention Straight Line- 27.5 Years. TABLE 4 Nonredidential Real Property MideMonth Convention Straight Line-31.5 Year (for assets placed in service before May 13, 1993) BLE.S Nenresidential Real Property Mid-Month Comvention Straight Lioe-39 Years (for assets placed io service on or after May 13, 1993)

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