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What is the maximum depreciation in 2017 for a used automobile driven 100% for business that was acquired on July 2, 2017, for $28,000? Assume
What is the maximum depreciation in 2017 for a used automobile driven 100% for business that was acquired on July 2, 2017, for $28,000? Assume Section 179 is not elected and that this is the only property placed in service during the year.
$3,160 | ||
$28,000 | ||
$16,800 | ||
$5,600 | ||
$11,160 |
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