Required information [The following information applies to the questions displayed below.] AMP Corporation (calendar-year-end) has 2020 taxable income of $1,900,000 for purposes of computing the $179 expense. During 2020, 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 $1,380,000 Computer equipment February 10 410,000 office building April 2 525,000 Total $2,315,000 a. What is the maximum amount of $179 expense AMP may deduct for 2020? Maximum $179 expense deductible