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Mary buys a new car in 2020 at a cost of $56,000. She uses the car 80% for business. Assuming a half-year convention, bonus depreciation
Mary buys a new car in 2020 at a cost of $56,000. She uses the car 80% for business. Assuming a half-year convention, bonus depreciation elected, but no Section 179 expensing, what is the 2020 depreciation deduction for the auto?
a.$18,100 b.$44,800 c.$10,100 d.$14,400 e.$14,480
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