McKenzie placed in service qualifying equipment $(7-$year MACRS class$)$ for his business that cost $$212,000$ in $2023.$ The taxable income of the business for the year is $$5,600$ before consideration of any $179$ deduction.

If an amount is zero, enter $"0".$

a$.$ Calculate McKenzie's $179$ expense deduction for $2023$ and any carryover to $2024.179$ expense deduction for $2023$:

$5,600$

$179$ carryover to $2024$: $fill in the blank $2$

$206,400$

b$.$ How would your answer change if McKenzie decided to use additional first$-$year $($bonus$)$ depreciation on the equipment instead of using $179$ expensing?

Additional first$-$year depreciation for $2023$:

MACRS cost recovery for $2023$:

Total cost recovery for $2023$: FOR $B$: $212,000is$ incorrect $so$ please $do$ not give $me$ this answer $asitis$ incorrect. I have received multiple with this answer and are not correct.