Question: Exercise 8-22 (Algorithmic) (LO. 2) Andre acquired a computer on March 3, 2022, for $12,600. He elects the straight-line method for cost recovery. Andre does
Exercise 8-22 (Algorithmic) (LO. 2) Andre acquired a computer on March 3, 2022, 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 2022 and 2023.
2022: _________________
2023: _________________
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