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use 2 0 2 2 rules 5 . Amit purchased an automobile this year for $ 8 9 , 0 0 0 . He used

use 2022 rules 5. Amit purchased an automobile this year for $89,000. He used it 80% for business. How much can he deduct if he does not take bonus depreciation?
6. Yasmin purchased two assets during the current year. On May 26, Yasmin placed in service computer equipment with a basis of $6,000, and on December 9, placed in service machinery with a basis of $22,000. Calculate the maximum depreciation deduction ignoring 179 and bonus depreciation.
7. Bonnie Jo used two assets during the current year. The first was computer equipment with an original basis of $30,000, currently in the second year of depreciation and depreciated under the half-year convention. This asset was disposed of on October 1 of the current year. The second was furniture with an original basis of $48,000, placed in service during the first quarter, currently in the fourth year of depreciation, and depreciated under the mid-quarter convention. What is Bonnie Jo's depreciation deduction for the current year?
8. Kristine sold two assets on March 20 of the current year. The first was machinery with an original basis of $42,000, currently in the fifth year of depreciation, and depreciated under the half-year convention. The second was furniture with an original basis of $26,000, placed in service during the fourth quarter, currently in the third year of depreciation, and depreciated under the mid-quarter convention. What is Kristine's depreciation deduction for the current year if the depreciation recovery period is seven years?

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