Multiple Choice
On July 17, 2018, Kevin places in service a used automobile that cost $25,000.The car is used 80% for business and 20% for personal use.In 2019, he used the automobile 40% for business and 60% for personal use.Determine the cost recovery recapture for 2019.
A) $0
B) $528
C) $2,000
D) $2,500
Correct Answer:
Verified
Correct Answer:
Verified
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