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Limitations on Listed Property (LO. 8) On May 15, 2019, Lurlene buys a used automobile for $22,200. She drives it 10,200 miles for business and

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Limitations on Listed Property (LO. 8) On May 15, 2019, Lurlene buys a used automobile for $22,200. She drives it 10,200 miles for business and 3,100 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 and bonus depreciation, Lurlene's maximum cost recovery for 2019 is $ 2,554 x Feedback Check My Work Passenger autos are subject to a limitation on the annual amount of the deductible depreciation

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