In-Class Assignment 16 Saved Help Save & Che Required information [The following information applies to the questions displayed below.] Lina purchased a new car for use in her business during 2021. The auto was the only busess asset she purchased during the year, and her business was extremely profitable. Calculat her maximum depreciation deductions (including $179 expense unless stated otherwise) for th automobile in 2021 and 2022 (Lina doesn't want to take bonus depreciation for 2021 or 2022) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1. Table 2, and Exhibit 10-10.) ook rint e. The vehicle cost $80,600, and she used it 20 percent for business. rences W Year Depreciation deduction 2021 $ 2,020 2022 $ 3,200 < Prev 12 13 of 17 Next > G Search or type URL