Exercise 8-24 (Algorithmic) (LO. 3) McKenzie purchased qualifying equipment for his business that cost $378,400 in 2021. The taxable income of the business for the year is $70,700 before consideration of any $ 179 deduction. If an amount is zero, enter "o". a. Calculate McKenzie's $ 179 expense deduction for 2021 and any carryover to 2022. $ 179 expense deduction for 2021: $ $ 179 carryover to 2022: $ b. How would your answer change if McKenzie decided to use additional first-year (bonus) depreciation on the equipment instead of using $ 179 expensing? Hint: See Concept Summary 8.3. $ 179 expense deduction for 2021: $ $ 179 carryover to 2022: $