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Tom Tom LLC purchased an automobile for $40,000 on July 5, 2016. What is Tom Tom's depreciation expense for 2016 if its business use percentage

Tom Tom LLC purchased an automobile for $40,000 on July 5, 2016. What is Tom Tom's depreciation expense for 2016 if its business use percentage is 75 percent? (ignore any possible bonus depreciation)

$8,000

$2,370

$3,160

$6,000

None of these

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