Question
Linda bought a passenger car on February 15, 2017 that she uses 45 percent of the time in her business and 55 percent of the
Linda bought a passenger car on February 15, 2017 that she uses 45 percent of the time in her business and 55 percent of the time for personal use. The car cost $48000 and no expensing or bonus depreciation is allowable for the car. Compute Linda's maximum allowable depreciation deduction for the car in 2017.
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Forensic And Investigative Accounting
Authors: D. Larry Crumbley, Lester E. Heitger, Stevenson Smith
5th Edition
0808026879, 9780808026877
