On june 1 2008 carolyn places in service a new automobile


Question - On June 1, 2008, Carolyn places in service a new automobile that cost $25,000. The car is used 70% for business and 30% for personal use. (Assume this percentage is maintained for the life of the car.) She does elect not to take additional first-year depreciation. Determine the cost recovery deduction for 2009.

a. $3,060.

b. $3,430.

c. $5,600.

d. $8,000.

e. None of the above.

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Accounting Basics: On june 1 2008 carolyn places in service a new automobile
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