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Lina purchased a new car for use in her business during 2023 . The auto was the only business asset she purchased during the year,

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Lina purchased a new car for use in her business during 2023 . The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions (including $179 expense unless stated otherwise) for the automobile in 2023 and 2024 (Lina doesn't want to take bonus depreciation for 2023 or 2024 ) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1. Table 2 and Exhibit 10-10) Problem 10-67 Part e (Algo) e. The vehicle cost $84,200, and she used it 20 percent for business. Answer is complete but not entirely correct

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