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in 2018, McKenzie purchased qualifying equipment for his business that cost $452,600. The taxable income of the business for the year is $148,900 before consideration

in 2018, McKenzie purchased qualifying equipment for his business that cost $452,600. The taxable income of the business for the year is $148,900 before consideration of any 179 deduction.

If an amount is zero, enter "0".

a. McKenzie's 179 expense deduction is $for 2018. His 179 carryover to 2019 is $.

b. How would your answer change if McKenzie decided to use additional first-year (bonus) depreciation on the equipment? Hint: See Concept Summary 5.2. McKenzie's 179 expense deduction is $ for 2018. His 179 carryover to 2019 is $

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