On June $5,2022,$ Leo purchased and placed in service a new car that cost $$75,000.$ The business use percentage for the car is always $100\%.$ Leo does not elect $179$ expensing, and does not claim any available additional first$-$year depreciation.

If required, round your answers to the nearest dollar.

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

a$.$ What MACRS convention applies to the new car?

Half$-$year

b$.$ Is the automobile considered "listed property"?

Yes

c$.$ Leo's cost recovery deduction in $2022$ is $fill in the blank $3$

$10,200$

and for $2023$ is $fill in the blank $4$

$16,400$

$.$On June $5,2022,$ Leo purchased and placed in service a new car that cost $$75,000.$ The business use percentage for the car is always

$100\%.$ Leo does not elect $179$ expensing, and does not claim any available additional first$-$year depreciation.

If required, round your answers to the nearest dollar.

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

a$.$ What MACRS convention applies to the new car?

b$.$ Is the automobile considered "listed property"?

c$.$ Leo's cost recovery deduction in $2022$ is $

$x$ and for $2023$ is $