22.-25. Ellen comes to you to prepare her tax return. She owns a flamingo petting zoo in Florida. Ellen purchased for her Flamingo petting zoo a van at a cost of $10,000 in February 2021 to be used in the transporting of Flamingos around the farm. The van that the Ellen purchased for her flamingo petting zoo qualifies as 5-year (recovery period) property. As previously noted, the van was purchased in February 2021. 22. If Ellen chooses only use the Section 179 expensing election and acquired no other depreciable assets during the year, calculate the maximum amount of depreciation that she can deduct for the van for tax year 2021 and explain how you came to this number. The following table for is for 5-Year Depreciable Property. The table applies to question 23, 24 and 25: Recovery Year: Depreciation Rate: 123456 20.00 2 32.00 3 19.20 4 11.52 5 11.52 6 5.76 23. Calculate how much Ellen can tax deduct for the van under MACRS in tax year 2021 (1st year depreciation) should she decide not to use the Section 179 expensing or bonus depreciation election? 24. Calculate how much Ellen can tax deduct for the van under MACRS in tax year 2022 (2nd year depreciation) should she decide not to use the Section 179 expensing or bonus depreciation election? 25. Explain in a no more than a few sentences as to why the above depreciation table used for the van has tax deductions for 6 years of depreciation even though the table states that it is for 5-Year Depreciable Property