Problem 9-23 (c) (LO. 2) On June 30, 2016, Candice purchases a new automobile for $32,000. She uses the car 80% for business and drives the car as follows: 8,000 miles in 2016, 12,000 miles in 2017, 10,000 miles in 2018, and 13,000 in 2019. Candice is self-employed. Determine Candice's basis in the business portion of the auto as of January 1, 2020, under the following assumptions: If required, round your computations to the nearest dollar. a. Candice uses the automatic mileage method. Compute her basis adjustments for depreciation for each year. Click here to access the basis adjustment table. 2016: $ 2017: $ 2018: $ 2019: $ Candice's adjusted basis in the auto on January 1, 2020, is $ X. Problem 9-23 (c) (LO. 2) On June 30, 2016, Candice purchases a new automobile for $32,000. She uses the car 80% for business and drives the car as follows: 8,000 miles in 2016, 12,000 miles in 2017, 10,000 miles in 2018, and 13,000 in 2019. Candice is self-employed. Determine Candice's basis in the business portion of the auto as of January 1, 2020, under the following assumptions: If required, round your computations to the nearest dollar. a. Candice uses the automatic mileage method. Compute her basis adjustments for depreciation for each year. Click here to access the basis adjustment table. 2016: $ 2017: $ 2018: $ 2019: $ Candice's adjusted basis in the auto on January 1, 2020, is $ X