Essay
On April 23,2014,Bailey purchased an automobile for $25,000.The car is used 80% for business and 20% for personal use.What is the cost recovery deduction for 2014 and 2015 assuming the 50% bonus was taken? (Round answers to the nearest dollar)
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2014 $25,000 × 80% × 50% = $10,000 but l...View Answer
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