What is the maximum depreciation, including bonus depreciation, in 2018 for a used automobile driven 100% for
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What is the maximum depreciation, including bonus depreciation, in 2018 for a used automobile driven 100% for business that was acquired on July 2, 2018, for $28,000? Assume Section 179 is not elected and that this is the only property placed in service during the year. The vehicle has a gross vehicle weight rating under 6,000 pounds.
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1337788281
3rd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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