Step 1: Determine the bit allocation for instruction components.
The instruction is 32 bits long, divided among the following fields:
Opcode: With 40 supported instructions, the number of bits required is:
\[
\lceil \log_2 40 \rceil = 6 \, {bits}.
\]
Source Registers: Each register requires \(\lceil \log_2 24 \rceil = 5\) bits. For two source registers:
\[
2 \times 5 = 10 \, {bits}.
\]
Destination Register: Also requires \(\lceil \log_2 24 \rceil = 5 \, {bits}.
\]
Immediate Value: Occupies the remaining bits in the instruction.
Step 2: Compute the bits available for the immediate value.
The total bits allocated to the opcode and registers are:
\[
6 + 10 + 5 = 21 \, {bits}.
\]
The remaining bits for the immediate value are:
\[
32 - 21 = 11 \, {bits}.
\]
Step 3: Determine the maximum value of the immediate operand.
An 11-bit unsigned integer can represent values up to:
\[
2^{11} - 1 = 2047.
\]
Final Answer:
\[
\boxed{{2047}}
\]