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Limitations on Listed Property (LO. 8) On May 15, 2019, Lurlene buys a used automobile for $22,100. She drives it 7,300 miles for business and
Limitations on Listed Property (LO. 8) On May 15, 2019, Lurlene buys a used automobile for $22,100. She drives it 7,300 miles for business and 2,900 miles for personal trips during the year. Refer to the MACRS Depreciation Tables to answer the following questions. Round intermediate percentage calculations to two decimal places. Round your answer to the nearest whole dollar. Assuming a 5-year recovery period, Lurlene's maximum cost recovery for 2019 is $
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