Multiple Choice
Arlington LLC purchased an automobile for $69,000 on July 5, 2020. What is Arlington's depreciation deduction for 2020 if its business-use percentage is 68 percent? (Ignore any possible bonus depreciation.) (Use Exhibit 10-10.)
A) $5,300
B) $6,900
C) $6,868
D) $10,350
E) None of the choices are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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