Answer parts A through C$.$ I've attached Table $7-2$ reference.

Herelt, Incorporated, a calendar year taxpayer, purchased equipment for $$388,400$ and placed it in service on April $1,2023.$ The

equipment was seven$-$year recovery property, and Herelt used the half$-$year convention to compute MACRS depreciation. Use Table $7-$

$2$

Required:

a$.$ Compute Herelt's MACRS depreciation with respect to the equipment for $2023$ and $2024.$

b$.$ Compute Herelt's adjusted basis in the equipment on December $31,2024.$

c$.$ Compute Herelt's MACRS depreciation for $2025$ if it disposes of the equipment on February $9.2025.$

Complete this question by entering your answers in the tabs below.

Compute Herelt's MACRS depreciation with respect to the equipment for $2023$ and $2024.$

Note: Round your final answers to the nearest whole dollar amount. TABLE $7\mathrm{.}2$ MACRS for Business Personalty $($Half$-$Year Convention$)$

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline $\backslash$multicolumn$\{8\}\{|$c$|\}\{$ Recovery Period $\}\backslash \backslash$

$\backslash$hline Year & $3-$Year & $\backslash (\backslash$mathbf$\{5-$ Y e a r$\}\backslash )$ & $7-$Year & $10-$Year & $\backslash (\backslash$mathbf$\{15\}\backslash )-$Year & $20-$Year $\backslash \backslash$

$\backslash$cline $\{2-7\}$ & $\backslash$multicolumn$\{6\}\{|$c$|\}\{$ Depreciation Rate $\}\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{1\}\backslash )$ & $\backslash (33\mathrm{.}33\backslash \%\backslash )$ & $\backslash (20\mathrm{.}00\backslash \%\backslash )$ & $\backslash (14\mathrm{.}29\backslash \%\backslash )$ & $\backslash (10\mathrm{.}00\backslash \%\backslash )$ & $\backslash (5\mathrm{.}00\backslash \%\backslash )$ & $\backslash (3\mathrm{.}750\backslash \%\backslash )\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{2\}\backslash )$ & $44\mathrm{.}45$ & $32\mathrm{.}00$ & $24\mathrm{.}49$ & $18\mathrm{.}00$ & $9\mathrm{.}50$ & $7\mathrm{.}219\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{3\}\backslash )$ & $14\mathrm{.}81$ & $19\mathrm{.}20$ & $17\mathrm{.}49$ & $14\mathrm{.}40$ & $8\mathrm{.}55$ & $6\mathrm{.}677\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{4\}\backslash )$ & $7\mathrm{.}41$ & $11\mathrm{.}52$ & $12\mathrm{.}49$ & $11\mathrm{.}52$ & $7\mathrm{.}70$ & $6\mathrm{.}177\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{5\}\backslash )$ & & $11\mathrm{.}52$ & $8\mathrm{.}93$ & $9\mathrm{.}22$ & $6\mathrm{.}93$ & $5\mathrm{.}713\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{6\}\backslash )$ & & $5\mathrm{.}76$ & $8\mathrm{.}92$ & $7\mathrm{.}37$ & $6\mathrm{.}23$ & $5\mathrm{.}285\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{7\}\backslash )$ & & & $8\mathrm{.}93$ & $6\mathrm{.}55$ & $5\mathrm{.}90$ & $4\mathrm{.}888\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{8\}\backslash )$ & & & $4\mathrm{.}46$ & $6\mathrm{.}55$ & $5\mathrm{.}90$ & $4\mathrm{.}522\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{9\}\backslash )$ & & & & $6\mathrm{.}56$ & $5\mathrm{.}91$ & $4\mathrm{.}462\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{10\}\backslash )$ & & & & $6\mathrm{.}55$ & $5\mathrm{.}90$ & $4\mathrm{.}461\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{11\}\backslash )$ & & & & $3\mathrm{.}28$ & $5\mathrm{.}91$ & $4\mathrm{.}462\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{12\}\backslash )$ & & & & & $5\mathrm{.}90$ & $4\mathrm{.}461\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{13\}\backslash )$ & & & & & $5\mathrm{.}91$ & $4\mathrm{.}462\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{14\}\backslash )$ & & & & & $5\mathrm{.}90$ & $4\mathrm{.}461\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{15\}\backslash )$ & & & & & $5\mathrm{.}91$ & $4\mathrm{.}462\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{16\}\backslash )$ & & & & & $2\mathrm{.}95$ & $4\mathrm{.}461\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{17\}\backslash )$ & & & & & & $4\mathrm{.}462\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{18\}\backslash )$ & & & & & & & $4\mathrm{.}461\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{19\}\backslash )$ & & & & & & $4\mathrm{.}462\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{20\}\backslash )$ & & & & & & $4\mathrm{.}461\backslash \backslash$

$\backslash$hline $\backslash (\backslash$mathbf$\{21\}\backslash )$ & & & & & & $2\mathrm{.}231\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$