On september 14 2015 jay purchased a passenger automobile


On September 14, 2015, Jay purchased a passenger automobile that is used 75 percent in his accounting business. The automobile has a basis for depreciation purposes of $43,000, and Jay uses the accelerated method under MACRS. Jay does not elect to expense under section 179. a. Calculate Jay's depreciation deduction for 2015 assuming no bonus depreciation. b. Assuming the same business percentage (75 percent) in 2016, calculate Jay's depreciation deduction for 2016.

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Financial Accounting: On september 14 2015 jay purchased a passenger automobile
Reference No:- TGS01692354

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