Multiple Choice
On May 2, 2019, Karen placed in service a new sports utility vehicle that cost $60,000 and has a gross vehicle weight of 6,300 lbs.The vehicle is used 60% for business and 40% for personal use.Determine Karen's total cost recovery for 2019.Karen wants to use both §179 and additional first-year depreciation.
A) $7,200
B) $25,500
C) $27,200
D) $36,000
Correct Answer:

Verified
Correct Answer:
Verified
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