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    Federal Taxation
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    Exam 10: Depreciation, cost Recovery, amortization, and Depletion
  5. Question
    Enrico Is a Self-Employed Electrician
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Enrico Is a Self-Employed Electrician

Question 43

Question 43

Multiple Choice

Enrico is a self-employed electrician.In May of the current year,Enrico acquired a used van (5-year property) for $12,000.He used the van 30% for business.The maximum depreciation deduction for is


A) $360.
B) $720.
C) $2,400.
D) $1,980.

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