Phil owns a ranch business and uses 4-wheelers to do much of his work. Occasionally, though, he
Question:
a. Calculate the allowable depreciation for year 1 (ignore the §179 expense and bonus depreciation).
b. Calculate the allowable depreciation for year 2 if total miles were 930 and personal use miles were 400 (ignore the §179 expense and bonus depreciation).
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Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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