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Taylor LLC Purchased an Automobile for $55,000 on July 5

Question 24

Multiple Choice

Taylor LLC purchased an automobile for $55,000 on July 5, 2019.What is Taylor's maximum depreciation deduction for 2019 (including bonus depreciation) if its business use percentage is 100 percent?


A) $10,000.
B) $11,000.
C) $18,000.
D) $55,000.
E) None of the choices are correct.

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