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1. (5 points) In August of 2017, Bill bought a Chevrolet Tahoe (heavy SUV) for $72,400 to be used 80 percent in his business as

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1. (5 points) In August of 2017, Bill bought a Chevrolet Tahoe (heavy SUV) for $72,400 to be used 80 percent in his business as a self-employed realtor. What is the maximum amount that he can deduct in 2017 including Sec. 179 expensing, bonus depreciation, and MACRS depreciation? 2. (5 points) Sarah bought a passenger car on June 6, 2017 for $49,300 to be used 65 percent of the time in her business. What is the maximum amount that Sarah can deduct for the car in 2017 assuming that she claims bonus depreciation and MACRS depreciation on the car

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