Exercise $8-22($Algorithmic$)($LO$.2)$

Andre acquired and placed in service a computer on March $3,2024,$ for $$12,600.$ He elects the straight$-$line method for cost recovery. Andre

does not elect immediate expensing under $179.$ He does not claim any available additional first$-$year depreciation.

Click here to access the depreciation table to use for this problem.

Calculate Andre's cost recovery deduction for the computer for tax years $2024$ and $2025.$

$2024$:

$2025$:

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$gra{d}^7$ Check My Work

Under the modified accelerated cost recovery system $($MACRS$),$ the cost of an asset is recovered over a predetermined period that generally is

shorter than the useful life of the asset or the period that the asset is used to produce income. The MACRS rules were designed to encourage

investment, improve productivity, and simplify the pertinent law and its administration.