On February 4, 2021, Jackie purchased and placed in service a car she purchased for $22,600. The car was used exclusively for her ousiness. (Use Table 6A-1 and Luxury Automobile Depreciation) Required: Compute Jackie's cost recovery deduction in 2021 assuming no 179 expense but the bonus was taken. Luxury Automobile Limitations do not have a separate limit as they have had in the past. 32 The depreciation expense limits for luxury autos and light trucks placed in service in tax year 2021 follow: \begin{tabular}{|c|c|} \hline & Auto Limit \\ \hline Year 1 2021 & $18,200 \\ \hline Year 2 2022 & $16,200 \\ \hline Year 3 2023 & $9,800 \\ \hline Year 4 2024 & $5,860 \\ \hline \end{tabular} ABLE 6A-1 General Depreciation System: 200% or 150% Declining Balance Switching to Straight-Line*