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On July 1 , 2 0 1 9 , Brent purchases a new automobile for $ 4 3 , 0 0 0 . He uses

On July 1,2019, Brent purchases a new automobile for $43,000. He uses the car 90% for business and drives the car for business purposes as follows: 13,000 miles in 2019,32,500 miles in 2020,36,400 miles in 2021, and 26,000 miles in 2022.
Determine Brent's basis in the business portion of the auto as of January 1,2023, under the following assumptions:
If required, round your computations to the nearest dollar.
a. Brent uses the automatic mileage method.
Compute his basis adjustments for depreciation for each year. Click here to access the basis adjustment table.
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