Arlington LLC purchased an automobile for $55,000 on July 5, 2019. What is Arlington's depreciation deduction for 2019 if its business-use percentage is 75 percent? (Ignore any possible bonus depreciation.) (Use Exhibit 10-10.)

		$5,500.
		$4,250.
		$8,250.
		$7,500.
		None of the choices are correct.

1. Crouch LLC placed in service on May 19, 2019, machinery and equipment (seven-year property) with a basis of $3,200,000. Assume that Crouch has sufficient income to avoid any limitations. Calculate the maximum depreciation deduction including 179 expensing (but ignoring bonus depreciation). (Use MACRS Table 1.)

   		$370,000.
   		$457,280.
   		$1,020,000.
   		$774,407.
   		None of the choices are correct.