On May 15, 2010, Lurlene buys a used automobile for $17,000. She drives it 9,000 miles for
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On May 15, 2010, Lurlene buys a used automobile for $17,000. She drives it 9,000 miles for business and 3,000 miles for personal trips during the year. What is Lurlene’s maximum cost recovery for 2010?
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Related Book For
Concepts In Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
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