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. Bonus depreciation is not applied. The maximum depreciation deduction for the van is
A) $1,980.
B) $720.
C) $360.
D) $2,400.
Correct Answer:
Verified
Correct Answer:
Verified
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