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39. after the 38. needs too 38. LB Corporation purchased a business car in June 2019 for $62,000. The car weighs 4,000 pounds and will

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39. after the 38. needs too image text in transcribed
38. LB Corporation purchased a business car in June 2019 for $62,000. The car weighs 4,000 pounds and will be used 100 percent of the time in the business. Compute the largest depreciation deduction possible in 2019. No other property purchases were made during the year. (Consider bonus depreciation and the Section 179 deduction, if applicable.) depreciation and the UU 38. LB Corporation purchased a business car in June 2019 for $62,000. The car weighs 4,000 pounds and will be used 100 percent of the time in the business. Compute the largest depreciation deduction possible in 2019. No other property purchases were made during the year. (Consider bonus depreciation and the Section 179 deduction, if applicable.) 39. Refer to the facts in Problem 38 and assume the business car purchased is an SUV weighing 8,000 pounds. Compute the largest depreciation deduction possible in 2019. (Consider bonus depreciation and the Section 179 deduction, if applicable.)

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