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On July 1, 2018, a calendar-year corporation purchases a new passenger auto for $25,000. The maximum tax depreciation allowed on the auto in 2018 is

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On July 1, 2018, a calendar-year corporation purchases a new passenger auto for $25,000. The maximum tax depreciation allowed on the auto in 2018 is 26. d. $5,000 c. $18,000 For the asset in Question 26, maximum depreciation in Year 6 will be.. c. $5,760 a. $25,000 b. $12,500 27. a. $2,880 b. $4,800 d. $9,600

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