Question: On July 1 7 , 2 0 2 4 Kevin placed in service a used automobile that cost $ 2 5 , 0 0 0

On July 17,2024 Kevin placed in service a used automobile that cost $25,000. The car is used 80% for business and 20% for personal use.
Determine the cost recovery for 2024
On July 17,2024 Kevin placed in service a used automobile that cost $25,000. The car is used 80% for business and 20% for personal use.
Determine the cost recovery for 2024
$4,000
$528
$2,000
$2,500
None of these.

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