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Required information The following information applies to the questions displayed below. AMP Corporation (calendar-year end) has 2017 taxable income of $900000 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 2017 taxable income of $900000 for purposes of computing the $179 expense During 2017, AMP acquired the following assets:(Use MACRS Tablet Table 2 Table3 Table 4 and Table 5) February 16 395,800 Total . What is the maximum amount of $179 expense AMP may deduct for 2017

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