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On may 2 20x1 karen places in service a new sports utility

Question - On May 2, 20x1, Karen places in service a new sports utility vehicle that costs $70,000 and has a gross vehicle weight of 6,300 lbs. The vehicle is used 40% for business and 60% for personal use. Determine the cost recovery deduction for 20x1.

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Accounting Basics: On may 2 20x1 karen places in service a new sports utility

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