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Zachary Purchased a New Car on August 1, 2017 for $14,500

Question 33

Multiple Choice

Zachary purchased a new car on August 1, 2017 for $14,500. His records indicate that he uses the car 45 percent for business and 55 percent for personal use. What are his cost recovery deductions for 2017 and 2018?


A) $653; $1,305
B) $1,377; $2,205
C) $1,305; $2,088
D) $798; $1,595

Correct Answer:

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