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Question 43 4 pts Timmy is self-employed and drove his vehicle 21,000 miles in 2020. 14,000 miles were for business. He has the following expenses:

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Question 43 4 pts Timmy is self-employed and drove his vehicle 21,000 miles in 2020. 14,000 miles were for business. He has the following expenses: Gas & oil $2,100. Car insurance $750. Depreciation $3,000. Parking $375. How much can he deduct using the standard mileage rate? $12.075 $8,050 $8,425 $11.950

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