On February 15, 2013, Leo purchased and placed in service a new car that cost $23,750. The business use percentage for the car is always 100%. He does take the additional first-year depreciation.

Note: If required, round your answers to the nearest dollar.

a. What MACRS convention applies to the new car? SelectHalf-yearMid-monthMid-quarterItem 1

b. Is the automobile considered "listed property"?

c. Leo's cost recovery deduction in 2013 is $ and for 2014 is $ .