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Arlington LLC purchased an automobile for $55,000 on July 5,2022 . What is Arlington's depreciation deduction for 2022 if its business-use percentage is 75 percent?
Arlington LLC purchased an automobile for $55,000 on July 5,2022 . What is Arlington's depreciation deduction for 2022 if its business-use percentage is 75 percent? (Ignore any possible bonus depreciation.) (Use MACRS Table 1 and Exhibit 10-10.) A) $4,250 B) $5,500 C] $7,650 D) $8,250 E) None of the choices are correct. \begin{tabular}{|c|c|c|c|c|} \hline \multirow{2}{*}{ Recovery Year } & \multicolumn{4}{|c}{ Yeax Placed in Service } \\ \cline { 2 - 5 } & 2022 & 2021 & 2020 & 2019 \\ \hline 1 & 10,200++ & 10,200++ & 10,100++ & 10,100++ \\ \hline 2 & 16,400 & 16,400 & 16,100 & 16,100 \\ \hline 3 & 9,800 & 9,800 & 9,700 & 9,700 \\ \hline 4 and after & 5,860 & 5,860 & 5,760 & 5,760 \\ \hline \end{tabular} Arlington LLC purchased an automobile for $55,000 on July 5,2022 . What is Arlington's depreciation deduction for 2022 if its business-use percentage is 75 percent? (Ignore any possible bonus depreciation.) (Use MACRS Table 1 and Exhibit 10-10.) A) $4,250 B) $5,500 C] $7,650 D) $8,250 E) None of the choices are correct. \begin{tabular}{|c|c|c|c|c|} \hline \multirow{2}{*}{ Recovery Year } & \multicolumn{4}{|c}{ Yeax Placed in Service } \\ \cline { 2 - 5 } & 2022 & 2021 & 2020 & 2019 \\ \hline 1 & 10,200++ & 10,200++ & 10,100++ & 10,100++ \\ \hline 2 & 16,400 & 16,400 & 16,100 & 16,100 \\ \hline 3 & 9,800 & 9,800 & 9,700 & 9,700 \\ \hline 4 and after & 5,860 & 5,860 & 5,760 & 5,760 \\ \hline \end{tabular}
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