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Cole Purchased a Car for Business and Personal Use

Question 69

Multiple Choice

Cole purchased a car for business and personal use.In 2014,he used the car 60% for business (13,000 total use miles) and used the standard mileage rate to calculate his vehicle expenses.He also paid $1,500 in interest and $360 in county property tax on the car.What is the total business deduction related to business use of the car rounded to the nearest dollar?


A) $1,860.
B) $4,368.
C) $5,484.
D) $6,228.

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