the answer for part b only please

20,142 is incorrect for part b

On'Apra 5,2023, Kansey piaces in service a new automobile that cost $50,000. He does not elect 5179 expensing, and he elects not to uses the regular MACRs method of cost recovery (the auto is a S-vear assec). Click here to access the depreciation table to use for this probtem. If required, round your final answers to the nearest doflar. Compute the total devireciation aliowed for: 2029 2024: Exercise 8-25 (Algorithmic) (LO. 4) On April 5, 2023, Kinsey places in service a new automobile that cost $50,000. He does not elect 5179 expensing, and he elects not to take any avallable additional first-year depreciation. The car is used 65% for busines 5 and 35% 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: 2023 : 2024 : x Fettion Toneckly work Limits exist on MACRS deductions for automoblles and other listed property that are used for both personal and business purposes. If listed property is predominantly used for business, the taxpayer can use the MACRS tables to recover the cost. In cases where the pro is not predominantly used for business, the cost is recovered using the straight-line method. On'Apra 5,2023, Kansey piaces in service a new automobile that cost $50,000. He does not elect 5179 expensing, and he elects not to uses the regular MACRs method of cost recovery (the auto is a S-vear assec). Click here to access the depreciation table to use for this probtem. If required, round your final answers to the nearest doflar. Compute the total devireciation aliowed for: 2029 2024