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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 $12$ $ $1,520,000$

Computer equipment February $10480,000$

Office building April $2595,000$

Total $ $2,595,000$

b$.$What is the maximum total depreciation, including $179$ expense, that AMP may deduct in $2020$ on the assets it placed in service in $2020,$ assuming no bonus depreciation? $($Round your intermediate calculations and final answer to the nearest whole dollar amount.$)$

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 $5.)$

Placed in

Asset Service Basis

Machinery September $12$ $ $1,520,000$

Computer equipment February $10480,000$

Office building April $2595,000$

Total $ $2,595,000$

b$.$ What is the maximum total depreciation, including $179$ expense, that AMP may deduct in $2020$ on the assets it placed in service in $2020,$ assuming no bonus depreciation? $($Round your intermediate calculations and final answer to the nearest whole dollar amount.$)$

Maximum total depreciation $($including $179$ expense$)[$$ $]$

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