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Required information Problem 10-68 (LO 10-2, LO 10-3) (Static) [The following information applies to the questions displayed below.] Tamika Meer purchased a new car for

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Required information Problem 10-68 (LO 10-2, LO 10-3) (Static) [The following information applies to the questions displayed below.] Tamika Meer purchased a new car for use in her business during 2023 for $75,000. The auto was the only business asset she purchased during the year, and her business was very profitable. Calculate Tamika's maximum depreciation deductions for the automobile in 2023 and 2024 under the following scenarios: (Use MACRS Table 1, Table 2, and Exhibit 10-10.) Problem 10-68 Part a (Static) a. Tamika does not want to take $179 expense and she elects out of bonus depreciation. Required information Problem 10-68 (LO 10-2, LO 10-3) (Static) [The following information applies to the questions displayed below] Tamika Meer purchased a new car for use in her business during 2023 for $75,000. The auto was the only business asset she purchased during the year, and her business was very profitable. Calculate Tamika's maximum depreciation deductions for the automobile in 2023 and 2024 under the following scenarios: (Use MACRS Table 1, Table 2, and Exhibit 10-10.) Problem 10.68 Part b (Static) b. Tamika wants to maximize her 2023 depreciation using bonus depreciation. Complete this question by entering your answers in the tabs below. Required information Problem 10-68 (LO 10-2, LO 10-3) (Static) [The following information applies to the questions displayed below] Tamika Meer purchased a new car for use in her business during 2023 for $75,000. The auto was the only business asset she purchased during the year, and her business was very profitable. Calculate Tamika's maximum depreciation deductions for the automobile in 2023 and 2024 under the following scenarios: (Use MACRS Table 1. Table 2, and Exhibit 10-10) Problem 10.68 Part b (Static) b. Tamika wants to maximize her 2023 depreciation using bonus depreciation. Complete this question by entering your answers in the tabs below

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