Problem 8-48 (a) (LO. 2, 4)

On February 2, 2019, Katie purchased and placed in service a new $18,500 car. The car was used 65% for business, 5% for production of income, and 30% for personal use in 2019. In 2020, the usage changed to 40% for business, 15% for production of income, and 45% for personal use. Katie did not elect immediate expensing under 179. She elects not to take additional first-year depreciation.

If required, round your answers to the nearest dollar.

Click here to access the cost recovery tables of the textbook. Assume the following luxury automobile limitations: year 1: $10,000; year 2: $16,000.

a. The cost recovery deduction taken in 2019 was $.

b. The cost recovery deduction for 2020 is $.

c. The cost recovery recapture, if any, in 2020 is $.