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Arlington LLC purchased an automobile for $94,000 on July 5, 2023. What is Arlington's depreciation deduction for 2023 if its business-use percentage is 79 percent?
Arlington LLC purchased an automobile for $94,000 on July 5, 2023. What is Arlington's depreciation deduction for 2023 if its business-use percentage is 79 percent? (Ignore any possible bonus depreciation.) (Use MACRS Table 1 and Exhibit 10-10.)
$7,175
$9,400
$9,638
$14,100
None of the choices are correct.
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