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Lina purchased a new car for use in her business during 2020. The auto was the only business asset she purchased during the year, and

Lina purchased a new car for use in her business during 2020. 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 2020 and 2021 (Lina doesn't want to take bonus depreciation for 2020 or 2021) in the following alternative scenarios(assuming half-year convention for all): (UseMACRSTable 1,Table 2, andExhibit 10-10.)

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Lina purchased a new car for use In her business during 2020. The auto was the only business asset she purchased during the year1 and her business was extremely profitable. Calculate her maximum depreciation deductions [including 1?9 expense unless stated otherwise] for the automobile In 2020 and 2021 {Lina doesn't want to take bonus depreciation for 2020 or 20211 In the following alternative scenarios {assuming halfyear convention for all}: [Use MACRS EDJEJ Table 2, and Exhigu 1919.]. a. The vehicle cost $33,800. and business use is 100 percent {Ignore 5179 expense}. b. The vehicle cost $89,000. and business use is 100 percent. - - c. The vehicle cost $89,000. and she used it 80 percent for business. 2021 _ e. The vehicle cost $89,000, and she used it 20 percent for business

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