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. On june 5, 2018, Roxy Company purchases a passenger auto for $60,000. Roxy does not take a Sec. 1?9 deduction and elects 100% bonus

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. On june 5, 2018, Roxy Company purchases a passenger auto for $60,000. Roxy does not take a Sec. 1?9 deduction and elects 100% bonus depreciation. Compute tax depreciation for 2018-2025. . Describe the differences between IRS denitions of a passenger auto and heavy SUMr and what kind of depreciation can be taken on each. . A company car is used 60% for business and 40% for personal use. Annual tax depreciation is $15,000. Compute allowable depreciation if: a. The car is owned by a corporation and driven by an employee. b. The car is owned by Joan's sole proprietorship and driven by employee jim. c. The car is owned by a soie proprietorship and driven by the owner

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