Tupper Corp. purchases a new auto in 2022 for $62,000. The auto is used 100 percent for

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Tupper Corp. purchases a new auto in 2022 for $62,000. The auto is used 100 percent for business and the half-year convention applies. Tupper uses bonus depreciation when available. What is the 2023 depreciation for this auto?

a. $12,400

b. $13,696

c. $18,000

d. $19,200

e. $19,840

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Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Feb 28, 2023 06:56 AM

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Tupper Corp. purchases a new auto in 2022 for $62,000. The auto is used 100 percent for

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Income Tax Fundamentals 2023

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