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Meghan placed an automobile in service on May 19, 2023. Her basis is $35,000 for the car and she doesn't plan to claim bonus depreciation.
Meghan placed an automobile in service on May 19, 2023. Her basis is $35,000 for the car and she doesn't plan to claim bonus depreciation. What is the greatest allowable amount of depreciation she may take for the automobile? A) $20,200 B) $11,200 C) $12,200 D) $35.000
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