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

Question 91

Multiple Choice

Arlington LLC purchased an automobile for $55,000 on July 5, 2019.What is Arlington's depreciation deduction for 2019 if its business-use percentage is 75 percent? (Ignore any possible bonus depreciation.) (Use Exhibit 10-10.)


A) $4,250.
B) $5,500.
C) $7,500.
D) $8,250.
E) None of the choices are correct.

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