On March 15, 2012, Madeline paid $30,000 for a used car that she uses 70% for business

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On March 15, 2012, Madeline paid $30,000 for a used car that she uses 70% for business and 30% for personal use. Assuming the half-year convention applies, Madeline’s 2014 MACRS depreciation expense for the car is:

a. $3,050.

b. $2,135.

c. $5,760.

d. $4,032.

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Essentials Of Federal Income Taxation For Individuals And Business

ISBN: 9780808038009

15th Edition

Authors: Linda M. Johnson

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Question Posted: Oct 12, 2024 03:02 AM

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On March 15, 2012, Madeline paid $30,000 for a used car that she uses 70% for business

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Essentials Of Federal Income Taxation For Individuals And Business

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