Question: * * * * * please answer exactly this question thanks * * * * Problem LO . 2 , 3 , 4 ) On
please answer exactly this question thanks
Problem LO
On March Helen purchased and placed in service a new Acura MDX The purchase price of the automobile was $ and the
vehicle had a rating of GVW The vehicle was used for business.
If required, round your answers to the nearest dollar.
Click here to access the depreciation table to use for this problem.
a Assuming that Helen does not use additional firstyear depreciation, calculate the total depreciation deduction that she can take on the
vehicle for
Section expense
MACRS cost recovery
Total deduction
b What is her total depreciation deduction if Helen decided to take additional firstyear depreciation?
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