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Please show all work 22. Akilah purchases nonresidential real property costing $300,000 and places it in service in March 2020. What is Akilah's 2021 depreciation
Please show all work
22. Akilah purchases nonresidential real property costing $300,000 and places it in service in March 2020. What is Akilah's 2021 depreciation on the property? A) $6,099 B) $7,692 C) $8,637 D) $10,908 23. In February 2021, Dante acquired a new car costing $82,000. He used the car 80% in his sole proprietorship. Assuming Dante does not claim Sec. 179 or bonus depreciation, Dante's maximum depreciation deduction allowable for the car will be A) $13,120. B) $8,080. C) $10,100. D) $14,480Step by Step Solution
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