Exercise 8-26 (Algorithmic) (LO. 3) McKenzie $9,500 before consideration of any 179 deduction. If an amount is zero, enter "o". purchased qualifying equipment for his business that cost $351,900 in 2018. The taxable income of the business for the year is McKenzie's 179 expense deduction is for 2018. His 5 179 carryover to 2019 is a. b. How would your answer change if Mckenzie decided to use additional frst-year (bonus) depreciation on the equipment? Hint: See Concept Summary 8.5. McKenzie's $ 179 expense deduction is for 2018. His s 179 carryover to 2019 is