22. In June 2018, Alejandro acquired a new automobile for $76,000 and used the automobile 75% for business. In 2019 his business use of the auto was 80%. Alejandro's depreciation deduction for 2019 will be

A) $6,160.

B) $12,800.

C) $14,650.

D) $38,000.

23. On January l, Grace leases and places into service an automobile with a FMV of $72,000. The business use of the automobile is 70%. The "inclusion amount" for the initial year of the lease from the IRS tables is $50. The annual lease payments are $16,000. What are the tax consequences of this lease?

A) deduction for lease payments of $6,582.

B) deduction for lease payments of $11,165.

C) deduction for lease payments of $13,468.

D) deduction for lease payment of $16,000.

24. On January 1, 2018, NEIU Corporation acquires all of the net assets of Green Corporation for $4,500,000. The following intangible assets are included in the purchase agreement:

Assets	Acquisition Cost
Goodwill and going concern value	$200,000
Licenses	$ 100,000
Patents	$ 150,000
Covenant not to compete for five years	$180,000

What is the total amount of amortization allowed in 2018?

A) $15,000

B) $22,000

C) $31,000

D) $42,000