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26. On July 1, 2021, a calendar-year corporation purchases a new passenger auto for $25,000. The maximum tax depreciation allowed on the auto in
26. On July 1, 2021, a calendar-year corporation purchases a new passenger auto for $25,000. The maximum tax depreciation allowed on the auto in 2018 is... a. $25,000 b. $12,500 c. $18,200 d. $5,000
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