Amy purchased a passenger automobile in 2021 for $53,000. She used it 75% for her business and 25% for personal purposes. What is her maximum depreciation deduction for her first year, if she does not claim the special depreciation allowance? (The mid-quarter convention does not apply.) $7,650 $7,950 $10,200 $10,600 Mark for follow up

Amy purchased a passenger wutomobile in 2021 for 553,000 . She used it 75% for her business and 25% for personal purposes, What is her maximum depreciation deduction for her first year, if she dees not claim the speclal depreciation allewance? (The mid-quarter convention does not apply.) $7.650 $7,950 510.200 $10,600 Mark for follow up