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6.67 pts Jacob purchased a new BMW 550 for his business on December 28, 2018 for $52.000 as part of a BMW Christmas sales promotion.

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6.67 pts Jacob purchased a new BMW 550 for his business on December 28, 2018 for $52.000 as part of a BMW Christmas sales promotion. Jacob registered the vehicle and placed it in service on January 3, 2019. What is Jacob's depreciation expense for 2018 and 2019? (Ignore any possible bonus depreciation or Sec. 179) None of the choices are correct O $0.10.000 59,600,516,000 OSO. 59.600 O $10,000 $16,640

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