Required information

Problem $10-67($LO $10-3)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Lina purchased a new car for use in her business during $2023.$ The auto was the only business asset she purchased

during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions $($including

$$179$ expense unless stated otherwise$)$ for the automobile in $2023$ and $2024($Lina doesn't want to take bonus depreciation

for $2023$ or $2024)$ in the following alternative scenarios $($assuming half$-$year convention for all$)$: $($Use MACRS Table $1,$

Table $2,$ and Exhibit $10-10.)$

Problem $10-67$ Part a $($Algo$)$

a$.$ The vehicle cost $$37,600,$ and business use is $100$ percent $($ignore $179$ expense$).$