Derrick uses his personal car for work as an employee in


Derrick uses his personal car for work as an employee. In 2014, Derrick drove 6,000 business miles and 30,000 total miles. His car-related expenses include $3,600 for gas; $600 for insurance; $100 for license and registration fees; $2,900 for depreciation, and $150 for business-related parking and tolls. Derrick's employer does not reimburse him for the business use of his car. Using the actual method, Derrick's 2014 car expense deduction is:

$1,440.

$1,470.

$1,670.

$1,590.

None of the above.

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Financial Accounting: Derrick uses his personal car for work as an employee in
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