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help 45. On June 1,2023 , Nico places in service a new automobile that cost $50,000. The car is used 60% for business and 40%
help 45. On June 1,2023 , Nico places in service a new automobile that cost $50,000. The car is used 60% for business and 40% for personal use. (Assume this percentage is maintained for the life of the car.) Nico does not take additional first-year depreciation. Determine the cost recovery deduction for 2023. a. $4,800 b. $6,000 c. $4,000 d. $5,000
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