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Required information [The following information applies to the questions displayed below Lina purchased a new car for use in her business during 2018. The auto

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Required information [The following information applies to the questions displayed below Lina purchased a new car for use in her business during 2018. The auto was the only business asset she purchased during the year and her business was extremely profitable. Calculate her maximum depreciation expense unless stated otherwise) for the automobile in 2018 and 2019 (Lina doesn't want to take bonus depreciation for 2018 or 2019) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1. Iable 2 deductions (including 179 and c. The vehicle cost $80.000, and she used it 80 percent for business. 2018 2019 Prex 15 16 17of 25ll

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