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rt 1 of 5 3 ents eBook Required information Problem 10-67 (LO 10-3) (Algo) [The following information applies to the questions displayed below.] Lina purchased
rt 1 of 5 3 ents eBook Required information Problem 10-67 (LO 10-3) (Algo) [The following information applies to the questions displayed below.] Lina purchased a new car for use in her business during 2021. The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions (including $179 expense unless stated otherwise) for the automobile in 2021 and 2022 (Lina doesn't want to take bonus depreciation for 2021 or 2022) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1. Table 2. and Exhibit 10-10.) Ask Print Problem 10-67 Part a (Algo) o. The vehicle cost $42,500, and business use is 100 percent (ignore $179 expense). eferences Depreciation Year deduction 2021 2022 of 5 bok ent Required information Problem 10-67 (LO 10-3) (Algo) [The following information applies to the questions displayed below] Lina purchased a new car for use in her business during 2021. The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions (including 5179 expense unless stated otherwise) for the automobile in 2021 and 2022 (Lina doesn't want to take bonus depreciation for 2021 or 2022) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1. Table 2. and Exhibit 10-10.) Problem 10-67 Part b (Algo) b. The vehicle cost $81,500, and business use is 100 percent. nces Year Depreciation deduction 2021 2022 Part 3 of 5 23 Dints eBook Required information Problem 10-67 (LO 10-3) (Algo) [The following information applies to the questions displayed below] Lina purchased a new car for use in her business during 2021. The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions (including 5179 expense unless stated otherwise) for the automobile in 2021 and 2022 (Lina doesn't want to take bonus depreciation for 2021 or 2022) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1. Table 2. and Exhibit 10-10.) Ask Print Problem 10-67 Part c (Algo) c. The vehicle cost $81,500, and she used it 80 percent for business. References Year Depreciation deduction 2021 2022 15 4 of 5 eBook Required information Problem 10-67 (LO 10-3) (Algo) [The following information applies to the questions displayed below] Lina purchased a new car for use in her business during 2021. The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions (including 5179 expense unless stated otherwise) for the automobile in 2021 and 2022 (Lina doesn't want to take bonus depreciation for 2021 or 2022) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1. Table 2. and Exhibit 10-10.) Aski Print Problem 10-67 Part e (Algo) e. The vehicle cost $81,500, and she used it 20 percent for business. ferences Year Depreciation deduction 2021 2022 my wol 16 Part 5 of 5 023 points eBook Required information Problem 10-67 (LO 10-3) (Algo) [The following information applies to the questions displayed below] Lina purchased a new car for use in her business during 2021 The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions (including $179 expense unless stated otherwise) for the automobile in 2021 and 2022 (Lina doesn't want to take bonus depreciation for 2021 or 2022) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1. Table 2. and Exhibit 10-10.) Ask Print Problem 10-67 Part f (Algo) f. The vehicle cost $81,500, and it is an SUV that weighs 6,500 pounds. Business use was 100 percent. References Depreciation Year deduction 2021 2022
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