Multiple Choice
Arlington LLC purchased an automobile for $62,000 on July 5, 2020. What is Arlington's depreciation deduction for 2020 if its business-use percentage is 61 percent? (Ignore any possible bonus depreciation.) (Use Exhibit 10-10.)
A) $4,775
B) $6,200
C) $6,161
D) $9,300
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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