Question: Exercise 8 - 2 5 ( Algorithmic ) ( L 0 . 4 ) On April 5 , 2 0 2 4 , Kinsey places

Exercise 8-25(Algorithmic)(L0.4)
On April 5,2024, Kinsey places in service a new automobile that cost $73,250. He does not elect 179 expensing, and he elects not to take any available additional first-year depreciation. The car is used 70% for business and 30% for personal use in each tax year. Kinsey uses the regular MACRS method of cost recovery (the auto is a 5-year asset).
Click here to access the depreciation table to use for this problem.
If required, round your final answers to the nearest dollar.
Compute the total depreciation allowed for:
2024: $ x
2025:
Exercise 8 - 2 5 ( Algorithmic ) ( L 0 . 4 ) On

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