Question: On March 1 5 , 2 0 2 4 , Helen purchased and placed in service a new Acura MDX . The purchase price of

On March 15,2024, Helen purchased and placed in service a new Acura MDX. The purchase price of the automobile was $62,000, and
the vehicle had a rating of 6,500 GVW. The vehicle was used 100% for business.
If required, round your answers to the nearest dollar.
Click here to access the depreciation table to use for this problem.
a. Assuming that Helen does not use additional first-year depreciation, calculate the total depreciation deduction that she can take on
the vehicle for 2024.
Section 179 expense
MACRS cost recovery
Total deduction
b. What is her total depreciation deduction if Helen decided to take additional first-year depreciation?
On March 15,2024, Helen purchased and placed in service a new

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