Question
On June 17, 2018, Donald purchased a passenger automobile at a cost of $56,000. The automobile is used 90 percent for qualified business use and
On June 17, 2018, Donald purchased a passenger automobile at a cost of $56,000.
The automobile is used 90 percent for qualified business use and 10 percent for personal purposes.
Calculate the depreciation expense (without bonus depreciation) for the automobile for 2018, assuming half-year convention and no Section 179 immediate expensing.
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
