Exercise $8-25($Algorithmic$)($LO$.4)$

On April $5,2022,$ Kinsey places in service a new automobile that cost $$41,000.$ He does not elect $179$ expensing, and he elects not to take any available additional first$-$year depreciation. The car is used $90\%$ for business and $10\%$ for personal use in each tax year. Kinsey chooses the MACRS $200\%$ declining$-$balance method of cost recovery $($the auto is a $5-$year asset$).$

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

Assume the following luxury automobile limitations: year $1$:$$10,200$; year $2$:$$16,400.$

If required, round your final answers to the nearest dollar.

Compute the total depreciation allowed for:

$2022$:

$

$2023$: