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On June 1, 2020, James places in service a new automobile that cost $21,000. The car is used 70% for business and 30% for personal

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On June 1, 2020, James places in service a new automobile that cost $21,000. The car is used 70% for business and 30% for personal use. Assume this percentage is maintained for the life of the car. Determine the cost recovery deduction for 2021 Select one: a $2,352 b. $3,360 c. $5,362 d. $4,900

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