Coral purchased a passenger auto for $55,000 during 2020 She uses it 90 percent for business. How

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Coral purchased a passenger auto for $55,000 during 2020 She uses it 90 percent for business. How much depreciation is allowed in 2020. Assume she elects out of the bonus depreciation provisions and does not take the election to expense.

a. $10,100

b. $11,000

c. $9,900

d. $9,090

Related Book For answer-question

South Western Federal Taxation 2016 Comprehensive

ISBN: 9781305395114

39th edition

Authors: James H. Boyd, William H. Jr. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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Posted Date: Feb 06, 2021 11:32 PM

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Coral purchased a passenger auto for $55,000 during 2020 She uses it 90 percent for business. How

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Answer d 9090 Explanation Cost of the passenger auto 55000 Perce... View the full answer

South Western Federal Taxation 2016 Comprehensive

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