19 Gregory bought a used car on July 31, 2020. He is a self-employed CPA. He used the van only 30% of the time for business and 70% for personal purposes. He paid $24,000 for the car. The maximum depreciation deduction for the van is t of Select one: a. $3,960 b. $4800 c. $1440 O d. $720 20 Dryer Corporation (Corporation not individual) had the following transactions. tof Revenues $50,000 Expenses 30,000 LTCG 5,000 STCL (15,000) What is Dryer Corporation's taxable income and capital loss (Corporation not individual). Select one: a. $20,000 taxable income, $10,000 STCL carried back 3 years and forward 5 years O b. $10,000 taxable income O c. $15,000 taxable income; $15,000 short term capital loss carried back 3 years and forward 5 years O d. $17,000 taxable income; $12,000 short term capital loss carried forward indefinetely