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Arlington LIC purchased an automobile for $88,000 on July 5,2023 . What is Arlington's depreciation deduction for 2023 if its business-use percentage is 72 percent?

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Arlington LIC purchased an automobile for $88,000 on July 5,2023 . What is Arlington's depreciation deduction for 2023 if its business-use percentage is 72 percent? (ignore any possibie bonus depreciation.) (Use MACRS Toble 1 and Exh bit 10-10). Mutiple Choice $6725 $8.800 58784 $13,200 None of the choices are correct

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