Question: Luby Corporation acquires a 100 business use automobile MACRS
Luby Corporation acquires a 100% business use automobile (MACRS 5-year recovery) on July 1, 2010 for $36,000. Luby does not elect Sec. 179, but the company otherwise desires to claim the maximum MACRS depreciation. What are the depreciation deductions in 2010-2012?
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