arlos purchased an apartment building (residential rental real estate) on November 16,2018, for $3,000,000. Determine the cost recovery for 2018. a. $9,630 b. $11,910. c. $13,950. d. $22,740. e. $13,650 36. Dolly purchased qualifying depreciable property in 2018 for $2.800,000. Dolly has elected to take the Section 179 deduction. What is Dolly's Section 179 deduction for 2018? a. $2,500,000 b. $700,000 c. $0 d. $1,000,000 37. Jordan performs services for Ryan. Which, if any, of the following factors indicate that Jordan is an inde- pendent contractor, rather than an employee? a. Ryan sets the work schedule. b. Ryan provides the tools used. c. Jordan participates in a training program provided by Ryan d. Jordan is paid based on tasks performed. 38. A worker may prefer to be treated as an independent contractor (rather than an employee) for which of the following reasons: a. They do not have to pay employment taxes b. All of the self-employment tax is deductible for income tax purposes. c. Work-related expenses are deductible to arrive at AGI d. A Schedule C does not have to be filed 39. During the year, John went from Milwaukee to Alaska on business. Preceding a five-day business meeting. he spent four days vacationing at the beach. Excluding the vacation costs, his expenses for the trip are: Air fare Lodging (business only) Meals (business only) Presuming no reimbursement, deductible expenses are: a. $5,500 3,200 900 1,400 b. $3,900 c. $4,800 d. $3,200 40. When using the automatic mileage method, which, if any, of the following expenses also can be claimed? a. Engine tune-up. b. Parking. c. Interest on automobile loan. d. MACRS depreciation