Part II Problems (4 problems worth 20 points total) 1. (points) On April 10, 2019, Frank (self-employed) purchased a passenger car for 3.600 to be used 80 percent of the time in his business. What is the maximum amount What Frank can deduct for the car in 2019 assuming that he clects bonus depreciation for the car? Max dep allowance is 18.000 18,000x 80'7.714,400 2. (5 points) On July 15, 2019, Tiffany purchased a Cadillac Escalade (heavy SUV) to be used 70 percent in her business for $73,500. What are Tiffany's options for writing off the cost of this vehicle and what would be the allowable deduction under each option