Look up the price of your dream car (or any appropriate car for your business) on the Internet. Imagine that for the tax year, you used the car for N percentage (you fill in the blank) for your employment. Using the depreciation information in Chapter 7, determine how much you can claim for depreciation for the car.

Important: Be sure to note if the car's price puts it into the "luxury" category. Show your equation and rationale.

my dream car price is $22,000