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G w .. httper'r'hhuhd.edu.r'wehappSr'assessmentltaker'launrhJspknurse_asse55ment_id=_1137SE_1&(nurse_id=_55067_1&{nntent_id=_13194 C ' I 0' Search In Tatum: FinaiErrami... x '2, 3 2ij [a le "w'| F Show Tlmer V Question Completion Status: QUESTION 31 Nikki purchased a new business asset (threeyear property) on July 23, 2015 at a cost of $60,000. She did not elect to arpense any ofthe asset under Section 179 nor did she elect Straight-Line Cost Recovery (Depreciation). Determine the Cost Recovery (Depreciation) deduction for 2015, (The applicable Statutory Percentage for the asset for 2015 is 3333) 0 $60,000. 0 $211000, 0 $10,000. 0 $30,000. QUESTION 32 On June 1, 2014 Shunnar places in mice a new automobile (veeyear property) that cost $21,000, The automobile is used sixty percmt (60%) for business and forty percmt (40%) for personal use (Assume this percentage is maintained for the life ofthe antornoblle), Determine the Cost Recovery memeeiation) deduction for 2015, (The applicable Statutory Percentage for the automobile for 2015 15 .32 and the year 2 Limitation for automobile Cost Recovery (Depreciation) deduction is $5,100). 0 S 2352, O $ 1100, 0 $11,160. 0 $ 3:060. Click Save and Submit to save and submit. Click Save AHArrswers to save all answers. SaueAH Answers ' Save and Submit 2 points 2 points Save Answer Save