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Norm placed in service a new sports utility vehicle (SUV) on October 12, 2018, for $78,000. The SUV has a gross vehicle weight of 6,200

Norm placed in service a new sports utility vehicle (SUV) on October 12, 2018, for $78,000. The SUV has a gross vehicle weight of 6,200 lbs. It is used 100% of the time for business and it is the only business asset acquired by Norm during 2018. Compute the maximum depreciation deduction with respect to the SUV for 2018.

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