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Potomac LLC purchased an automobile for $31,900 on August 5, 2022. What is Potomac's depreciation deduction for 2022? (Ignore any possible bonus depreciation.) (Use MACRS

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Potomac LLC purchased an automobile for $31,900 on August 5, 2022. What is Potomac's depreciation deduction for 2022? (Ignore any possible bonus depreciation.) (Use MACRS Table 1 and Exhibit 10-10). EXHIBrT 10-10 Automobile Depreciation Limits -As of press date, the IRS had not released the 2022 limitations for uatomobiles, so thrain * 58,000 additional depreciation is allowed when boeas depreciation is claimed (5) 63.22 H) $4,559 $6,380 $10.200 $31,900 None of the choices are correct

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