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On March 1 5 , 2 0 2 3 , Mr . Driver, a calendar - year taxpayer, purchased and placed in service a light

On March 15,2023, Mr. Driver, a calendar-year taxpayer, purchased and placed in service a light truck to be used in
his business. The truck has an ADR midpoint of 8 years. The truck cost $40,000, and the salvage value is estimated to be
10% of cost. What is the MACRS deduction for the current year?
A. $19,200
B. $20,000
C. $0
D. $40,000 Explain step by step the answer being 19,200 make is simple yet easy to understand

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