Question: In 2019, Ben purchases and places in service a new auto for his business. The auto costs $57,000 and will be used 60 percent for
In 2019, Ben purchases and places in service a new auto for his business. The auto costs $57,000 and will be used 60 percent for business. Assuming the half-year convention applies and Ben elects out of bonus depreciation and Section 179, what will depreciation on the auto be in 2019?
a. $11,400
b. $6,840
c. $6,060
d. $6,000
e. None of the above
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