Question: This year Clark leased a car to drive between his office and various work sites. Clark carefully recorded that he drove the car 38,000 miles
This year Clark leased a car to drive between his office and various work sites. Clark carefully recorded that he drove the car 38,000 miles this year and paid $9,200 of operating expenses ($3,700 for gas, oil, and repairs, and $5,500 for lease payments). What amount of these expenses may Clark deduct as business expenses?
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