Suppose a computer software developer for a certain company purchased a computer system for $65,000 on April 27, 2017. The computer system is used for business 100% of the time. The accountant for the company elected to take a $20,000 Section 179 deduction, and the asset qualified for a special depreciation allowance.

(a)

What was the basis for depreciation (in $) of the computer system? (See Table 17-4.)

$

(b)

What was the amount (in $) of the first year's depreciation using MACRS? (See Table 17-1 and Table 17-2)