Multiple Choice
On May 2,2015,Karen placed in service a new sports utility vehicle that cost $60,000 and has a gross vehicle weight of 6,300 lbs.The vehicle is used 60% for business and 40% for personal use.Determine the cost recovery for 2015.Karen wants to maximize her deductions.
A) $7,200
B) $25,000
C) $26,800
D) $37,000
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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