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    Exam 20: Depreciation cost Recovery amortization and Depletion
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    If a New Luxury Automobile Is Used 100% for Business
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If a New Luxury Automobile Is Used 100% for Business

Question 33

Question 33

True/False

If a new luxury automobile is used 100% for business and placed in service in 2014,the maximum MACRS depreciation on the vehicle for 2014 is $3,160.

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