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On March 1 5 , 2 0 2 2 , Helen purchased and placed in service a new Escalade. The purchase price of the automobile

On March 15,2022, Helen purchased and placed in service a new
Escalade. The purchase price of the automobile was $62,000, and the
vehicle had a rating of 6,500 GVW. The vehicle was used 100% for
business.If required, round your answers to the nearest
dollar.
Click here to access thedepreciation tableto use for
this problem.a.Assuming that Helen does not use
additional first-year depreciation, calculate the total
depreciation deduction that she can take on the vehicle for
2022.b.What is her total depreciation
deduction if Helen decided to take additional first-year
depreciation?

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