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    Exam 9: Property Acquisition and Cost Recovery
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    Alexandra Purchased a $35,000 Automobile During 2014
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Alexandra Purchased a $35,000 Automobile During 2014

Question 78

Question 78

Short Answer

Alexandra purchased a $35,000 automobile during 2014. The business use was 70 percent. What is the allowable depreciation for the current year (ignore any possible bonus depreciation)?

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