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    Federal Taxation
  4. Exam
    Exam 10: Depreciation, cost Recovery, amortization, and Depletion
  5. Question
    In July of 2016,Pat Acquired a New Automobile for $28,000
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In July of 2016,Pat Acquired a New Automobile for $28,000

Question 23

Question 23

Multiple Choice

In July of 2016,Pat acquired a new automobile for $28,000 and used the automobile 80% for business.Pat can take a maximum depreciation deduction in 2016 of


A) $8,928.
B) $2,528.
C) $22,400.
D) $13,440.

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