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

On April $5,2024,$ Kinsey places in service a new automobile that cost $\backslash$$$70,250.$ He does not elect $179$ expensing, and he elects not to take any available additional first$-$year depreciation. The car is used $75\backslash \%$ for business and $25\backslash \%$ 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:

$2024$: $\backslash (\backslash$$ $\backslash )$

$2025$: $\backslash (\backslash$quad $\backslash$$ $\backslash )$