Question: AMP Corporation ( calendar - year - end ) has 2 0 2 3 taxable income of $ 1 9 0 0 0 0 0

AMP Corporation (calendar-year-end) has 2023 taxable income of $1900000 for purposes of computing the Section 179 expense. During 2023, AMP acquired the following assets: (Use MACRS Table 1, Table 2, Table 3, Table 4, and Table 5.) AssetMachineryComputer equipmentOffice buildingTotalPlaced inServiceSeptember 12February 10April 2Basis$1,550,000365,000480,000$ 2,395,000
What is the maximum amount of Section 179 expense AMP may deduct for 2023?

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