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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

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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.) Placed in Asset Service Basis Machinery September 12 $ 1,520,000 Computer equipment February 10 480,000 Office building April 2 595,980 Total $ 2,595,000 b. What is the maximum total depreciation, including 6179 expense, that AMP may deduct in 2021 on the assets it placed in service in 2021, assuming no bonus depreciation? (Round your intermediate calculations and final answer to the nearest whole dollar amount) Maumum total depreciation (including 5179 expenso $ 1.274,067

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