Identify the issues or problems suggested by the following situations. State each issue as a question.

Monicon Corporation purchased a $24,000 computer in 2015 and elected to expense it under Section 179. In 2018, the IRS audited Monicon and determined that its taxable income was incorrectly calculated and was only $20,000 before considering Section 179 expensing instead of the $24,000 reported on its 2015 tax return.