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Sisto purchased a passenger automobile for $49,890. He placed it into service on May 16; 60% of the miles driven during the year were for
Sisto purchased a passenger automobile for $49,890. He placed it into service on May 16; 60% of the miles driven during the year were for business. Assuming that Sisto opts out of the special depreciation allowance, what is Sisto's maximum depreciation deduction? $4,880 $7,320 $12,200 $20,200
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