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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

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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 5179 deduction. If an anount is zero, enter " 0 ", a. Caloulate MeKenzie's 5.179 expense deduction for 2023 and any carryover to 2024 5179 expense deduction for 2023:5 5179 carryover to 2024:1 b. How would your answer change if Mckenze decided to use additional first-vear (bonus) depreciation en the equipment instead of using Additional first-year deprecation for 2023: 1 MACRS cost recovery for 2023: : x Total cost recovery for 2023

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