LO.2, 4 On May 28, 2012, Mary purchased and placed in service a new $20,000 car.

The car was used 60% for business, 20% for production of income, and 20% for personal use in 2012. In 2013, the usage changed to 40% for business, 30% for production of income, and 30% for personal use. Mary did not elect immediate expensing under §