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Required information

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

Woolard Supplies $($a sole proprietorship$)$ has taxable income in $2022$ of $$240,000$ before any depreciation deductions

$($ $$179,$ bonus, or MACRS$)$ and placed some office furniture into service during the year. The furniture does not qualify for

bonus depreciation. $($Use MACRS Table $1,$ Table $2,$ Table $3,$ Table $4$ and Table $5.)$

Note: Do not round intermediate calculations. Round your intermediate calculations and final answers to the nearest

whole dollar amount.

a$.$ If Woolard elects $$50,000$ of $$179,$ what is Woolard's total depreciation deduction for the year?