Question: * * * * answer exactly this question please, give the last 3 answers thanks * * * * * McKenzie placed in service qualifying

****answer exactly this question please, give the last 3 answers thanks***** McKenzie placed in service qualifying equipment (7-year MACRS class) for his business that cost $212,000 in 2024. The taxable
income of the business for the year is $5,600 before consideration of any 179 deduction.
If an amount is zero, enter "0".
a. Calculate McKenzie's 179 expense deduction for 2024 and any carryover to 2025.
179 expense deduction for 2024:$
179 carryover to 2025 :
b. How would your answer change if McKenzie decided to use additional first-year (bonus) depreciation on the equipment instead of
using 179 expensing? Hint: See Concept Summary 8.3.
Additional first-year depreciation for 2024: $
MACRS cost recovery for 2024:
Total cost recovery for 2024: $
 ****answer exactly this question please, give the last 3 answers thanks*****

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