Multiple Choice
Hans purchased a new passenger automobile on August 17, 2017, for $30,000. During the year the car was used 40% for business and 60% for personal use. Determine his cost recovery deduction for the car for 2017.
A) $500
B) $1,000
C) $1,224
D) $1,500
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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