Lina purchased a new car for use in her business during 2016. The auto was the only business asset she purchased during the year and her business was extremely profitable. Calculate her maximum depreciation deductions (including 179 expense unless stated otherwise) for the automobile in 2016 and 2017 (Lina doesnt want to take bonus depreciation for 2016 or 2017) in the following alternative scenarios (Use MACRS Table 1, Table 2.): a. The vehicle cost $15,000 and business use is 100 percent (ignore 179 expense).

year Depreciation expense

2016

2017

b. The vehicle cost $40,000, and business use is 100 percent.

year Depreciation expense

2016

2017

c. The vehicle cost $40,000, and she used it 80 percent for business.

year Depreciation 2016 2017

d. The vehicle cost $40,000, and she used it 80 percent for business. She sold it on March 1 of year 2.

year Depreciation

2016

2017

e. The vehicle cost $40,000, and she used it 20 percent for business.

Year Depreciation expense 2016 2017 f. The vehicle cost $40,000, and is an SUV that weighed 6,500 pounds. Business use was 100 percent. Year Depreciation 2016 2017