On April $17,2017,$ Long$-$Ball purchased and placed into service new $7-$ year office equipment. Long$-$Ball elected the fastest deduction method allowed. New office equipment $$2,650,000$ April $17,2017$ On October $12,2023,$ Long$-$Ball purchased and placed into service new $7-$year manufacturing equipment. Long$-$Ball elected the fastest deduction method allowed that would create the largest deduction for $2023.$ New manufacturing equipment $$3,850,000$ October $12,2023$ i$)$ Calculate the accumulated depreciation and the current year's depreciation deduction for the above two assets. i$.$ How much $179$ expensing election is available for $2017$ and for $2023?$ Limitations? a$.$ Support answer with Internal Revenue Code $($IRC$)$ citation and the Revenue Procedure that modifies any of the limits found in the IRC. ii$.$ How much $168($k$)$ bonus depreciation is available for $2017$ and for $2023?$ a$.$ Support answer with Internal Revenue Code $($IRC$)$ citation and the Revenue Procedure that modifies any of the limits found in the IRC.