n 1 Homework i 15 Part 2 of 2 4 oints eBook Print References Required information Problem 01-51 (LO 01-2) (Algo) [The following information applies to the questions displayed below.] Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan paid $2,120 for gasoline on these trips. His depreciation on the car if he was using it fully for business purposes would be $5,700. During the year, he drove his car a total of 12,400 miles (a combination of business and personal travel). Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Problem 01-51 Part-b (Algo) b. Ryan estimates that he drove approximately 1,340 miles on business trips, but he can only provide written documentation of the business purpose for trips totaling 1,100 miles. What business expense amount can Ryan deduct (if any) for these trips? Maximum deductible amount Saved $ 906

Required information Problem 01.51 (LO 01-2) (Algo) [The following information opplies to the questions displayod below] Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan pald $2,120 for gasoline on these trips. His depreciation on the car if he was using it fully for business purposes would be $5,700. During the year, he drove his car a total of 12,400 miles (a combination of business and personal travel) Note: Do not round intermediate calculations. Round your final answers to the nearest whole doliar amount. Problem 01-51 Part-b (Algo) 2. Ryan estimates that he drove approximately 1.340 miles on business trips, but he can only provide written documentation of the ousiness purpose for trips totaling 1,100 miles. What business expense amount can Ryan deduct (if any) for these trips