Maximum depreciation deduction


In July of 2012, Pat acquired a new automobile for $28,000 and used the automobile 80% for business. No election is made regarding Sec. 179. Assuming her business use remains at 80%, Pat can take a maximum depreciation deduction in 2012 of:

A) $2,528.

B) $3,160.

C) $8,928.

D) $11,160.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Maximum depreciation deduction
Reference No:- TGS045795

Expected delivery within 24 Hours