During the prior three years, listed property was being used $75\%$ for business and $25\%$ for personal use. For the current and future years, business use has dropped to $40\%.$ Which of the following statements is correct?

Multiple choice question.

Since the business use has dropped to $50\%$ or below, the total amount of depreciation for all prior years must be recaptured.

Since the business use has dropped to $50\%$ or below, just Section $179$ expense and bonus depreciation taken on the asset must be recaptured.

The depreciation for the current and future years must be computed using the MACRS straight$-$line method over the MACRS ADS recovery period, but no recapture is required.

Since the business use has dropped to $50\%$ or below, the excess of accelerated depreciation over straight$-$line for all prior years must be recaptured.