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n February 2020, Patricia acquired a new car costing $72,000. She used the car 75% in her sole proprietorship. Assuming Section 179 does not apply,
n February 2020, Patricia acquired a new car costing $72,000. She used the car 75% in her sole proprietorship. Assuming Section 179 does not apply, but bonus depreciation does apply, Patricia's maximum depreciation deduction allowable for the car in 2020 will be:A) $72,000.B) $13,575.C) $14,480.D) $10,800.
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