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Return to question 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

Return to question 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 Machinery Computer equipment office building Total Service September 12 February 10 April 21 Basis $ 1,480,000 460,000 575,000 $ 2,515,000 b. What is the maximum total depreciation, including $179 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.) < Prev 2 3 4 of 17 Next > MacBook Pro Office building Total Return to question CONLUBLY LU April 2 1,500 575,000 $ 2,515,000 b. What is the maximum total depreciation, including $179 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.) Answer is complete but not entirely correct. Maximum total depreciation (including $179 expense) $ 1,179,622)

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