Walt purchased electronic equipment $($five$-$year property$)$ for $$3,800.$ He could use the electronic equipment exclusively for his business, or he could allow his family to use the electronic equipment $60\%$ of the time and $40\%$ would be for business use. Assume that Walt would not elect $179$ expensing or $100\%$ bonus, and that he is in the $24\%$ tax bracket. $($Use Table $6$A$-1)$

Required:

Determine the tax deduction for the year of acquisition under both alternatives for the business use portion.

What is the overall tax savings between the two alternatives?

Note: Round your final