Determine janet''s cost recovery recapture for 2013


Janet purchased a new car on June 5, 2012, at a cost of $18,000. She used the car 80% for business and 20% for personal use in 2012. She used the automobile 40% for business and 60% for personal use in 2013. Janet takes additional first-year depreciation. Determine Janet's cost recovery recapture for 2013

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Accounting Basics: Determine janet''s cost recovery recapture for 2013
Reference No:- TGS049843

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