During 2015, Belk Corporation purchases $25,500 worth of equipment for use in its business. Belks current taxable income before considering the Section 179 deduction is $16,500. If an amount is zero, enter "0".

a. Belk could have a Section 179 election in 2015 of $ ............... , deducting $ 16500 and carrying forward the excess of $ ........... . OR, Belk can elect to deduct $ ........... and depreciate the equipment, using a basis of $ 9000 .

b. Belk's 2016 business taxable incomebefore a Section 179 deductionis $................ If Belk had a carryforward, their Section 179 deduction in 2016 is $ ............ . If Belk chose to depreciate, their Section 179 deduction in 2016 is $ 0 .