$35$ Trish is a self$-$employed CPA who purchases an automobile

for $$72,000$ and places it into service in the current year $(2023).$ Calculate Trish$$s current

year MACRS depreciation deduction, assuming she does not elect Sec. $179$ expensing, she

elects out of bonus depreciation, and the half$-$year convention applies.

a$.$ Trish uses the vehicle $60\%$ for her business and $40\%$ for personal purposes.

b$.$ Trish uses the vehicle $40\%$ for her business and $60\%$ for personal purposes.

$41$ On January $1$ of the current year, Palm Corporation pur$-$chases the net assets of Vicki $$s unincorporated business for $$600,000.$ The tangible net

assets have a $$300,000$ book value and a $$400,000$ FMV$.$ The purchase agreement states

that Vicki will not compete with Palm Corporation by starting a new business in the same

area for a period of five years. The stated consideration received by Vicki for the covenant

not to compete is $$50,000.$ Other intangible assets included in the purchase agreement are

as follows:

$$ Goodwill: $$70,000$

$$ Patents $(12-$year remaining useful life$)$: $$30,000$

$$ Customer list: $$50,000$

a$.$ How would Vicki $$s assets be recorded for tax purposes by Palm Corporation?

b$.$ What is the amortization amount for each intangible asset in the current year?