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This year Clark leased a car to drive between his office and various work sites. Clark carefully recorded that he drove the car 23,000 miles

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This year Clark leased a car to drive between his office and various work sites. Clark carefully recorded that he drove the car 23,000 miles this year and paid $7,200 of operating expenses ($2.700 for gas, oll, and repairs, and $4,500 for lease payments). What amount of these expenses may Clark deduct as business expenses? Multiple Choice Clark cannot deduct these costs because taxpayers must use the mileage method to determine any transportation deduction. $7.200 ..O o oo $2,700 Clark is not entitled to any deduction if he used the car for any personal trips. 2 20 Next >

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