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Taylor LLC purchased an automobile for $55,000 on July 5, 2018. What is Taylor's maximum depreciation expense, excluding 179 expense and bonus depreciation, for 2018

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Taylor LLC purchased an automobile for $55,000 on July 5, 2018. What is Taylor's maximum depreciation expense, excluding 179 expense and bonus depreciation, for 2018 if its business use percentage is 100 percent? 10,000 18,000 55,000 11,000 Lenter LLC placed in service on April 29, 2018 machinery and equipment (7-year property) with a basis of $3,000,000. Assume that Lenter has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including $179 expensing (but ignoring bonus expensing). O428,700 O857,250 O1,285,800 3,000,000

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