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1. Zachary purchased a Ford Expedition (more than 6,000lb ) for $39,000 in March 2022. What is the maximum depreciation expense allowed, assuming that Zachary

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1. Zachary purchased a Ford Expedition (more than 6,000lb ) for $39,000 in March 2022. What is the maximum depreciation expense allowed, assuming that Zachary is eligible for the IRC 179 expense election and no bonus is elected? a. $7,800. b. $27,000. c. $29,400. d. $39,000. 2. Assume the same facts as in Question 1. However, the Expedition was used only 80% for business. What is the maximum depreciation expense allowed, assuming that Zachary is eligible for the IRC 179 expense election and no bonus is elected? a. $6,240. b. $21,600. c. $23,520. d. $31,200

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