Walt purchased electronic equipment (five-year property) for $5,000. 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 5179 expensing or 100% bonus, and that he is in the 24% tax bracket (Use Table 6A-1) Required: o. Determine the tax deduction for the year of acquisition under both altematives for the business use portion b. What is the overall tax savings between the two aitematives