Question: please answer and I will upvote Required information [The following information applies to the questions displayed below.] AMP Corporation (calendar year-end) has 2022 taxable Income
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Required information [The following information applies to the questions displayed below.] AMP Corporation (calendar year-end) has 2022 taxable Income of $1,900,000 for purposes of computing the $179 expense. During 2022. AMP acquired the following assets: (Use MACRS Iable 1. Iable 2. Iable 3. Iable 4 and Iable 5.) a. What is the maximum amount of 5179 expense AMP may deduct for 2022 ? Required information [The following information applies to the questions displayed below.] AMP Corporation (calendar year-end) has 2022 taxable income of $1,900.000 for purposes of computing the expense. During 2022. AMP acquired the following assets: (Use MACRS Table 1. Table 2. Table 3, Fable 4 and . What is the maximum total depreciation, including $179 expense, that AMP may deduct in 2022 on the assets it pla 2022, assuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount
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