b. Brent uses the actual cost method. [Assume that no 5179 expensing is claimed and that 200% declining-balance cost recovery with the half-year convention is used. The recovery timitation for an auto placed in service in 2018 is as follows: $10,000 (first year), $16,000 (second year), $9,600 (third year), and $5,760 (fourth year).] Compute his depreciation deductions for year. Click here to access the depreciation table. Brent's adjusted basis in the auto on January 1,2027 , is $ hibit 8.3 MACRS Accelerated Depreciation for Personal Property Assuming Half-Year Convention (Percentage Rates) - Switchover to straight-line depreciation. Probiem 928 (LO, 2) purposes at follews, 8,000 mies in 2018, 19,000 miles in 2019, 20,000 mies in 2020, and 15,000mlesh2021 Determine Bent's bads in the butress portion of the aube bs of Jahuary 1, 2022, under the following aswumptions? If required, round answers to the nearest dollar. a. Bcent uses the aivomutic Prikeoge method Comburte his basis adjustments for depreciatioh for each vear. Click here to access the basa ajustment table. 20181,1 201911 2020 Bents adjusted bavi in the mute en Jenuary 1,2022 , is 5 fones tOen Ur Nos A caxpayer has two choices in determining automebile expenses: the aubomabc mieage method and the actual cost method. A basis adjustmient - is required of the taxpeyer chabges from the autematic miespe method ta the actud operating tost method. The law places special iirntations on the cost recever deduction for passenper automobiles b. Brent uses the actual cost method. [Assume that no 5.179 expensing is claimed and that 200% decining-balance cost recovery aith the half-year convention is used. The recovery limitation for an auto placed in service in 2018 is ars follows: $10,000 (first year), $16,000 [second year), $9,600 (third year), and $5,760 (fourth year).] Cornpute his depreciation deducbions for yeac Cick here to actets the depreciation tabie. 2018: ( x 2010 x 2020 2021= Brent's adyusted besis in the eute on Jehuary 1,2022 , is 1