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a. In January of 2016, Carol Brady is trying to decide if she should purchase a new vehicle for her business, We Are Brady, Inc.

a. In January of 2016, Carol Brady is trying to decide if she should purchase a new vehicle for her business, We Are Brady, Inc. assume that she will purchase the vehicle in april, 2016 and also assume that no other assets will be purchased in 2016. if carol purchases a new Porsche for $100.000, what is the maximum amount that Carol may deduct in 2016? Coral plans to drive the porsche 82% of the time for business. Carol elects to take the additional first-year depreciation.

b. If Carol purchases a Ford Explorer (an SUV with GVRW>6,000) in February, 2017, for $67,850, what is the maximum amout that Carol may deduct in 2017? Carol plans to drive the Explorere 100% of the time for business. Assume that no other assets will be purchased in 2017.

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