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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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