Problem $10-56($LO $10-2,$ LO $10-3)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

AMP Corporation $($calendar$-$year$-$end$)$ has $2023$ taxable income of $$1,900,000$ for purposes of computing the $$179$ expense. During $2023,$ AMP acquired the following assets: $($Use MACRS Table $1,$ Table $2,$ Table $3,$ Table $4,$ and Table $5.)$

$\backslash$table$[[$Asset$,\backslash$table$[[$Placed in$],[$Service$]],$Basis$],[$Machinery$,$September $12,$$$1,480,000$