Determine moore''s inclusion amount


On August 1, 2009, Moore leases and places in service a passenger automobile. The lease will run for five years, and the payments are $600 per month. During 2009, he uses his car 80% for business and 20% for personal activities. Assuming the dollar amount from the IRS table is $160, determine Moore's inclusion amount.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Determine moore''s inclusion amount
Reference No:- TGS052436

Expected delivery within 24 Hours