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On July 17, 2017, Kevin Places in Service a Used

Question 83

Multiple Choice

On July 17, 2017, Kevin places in service a used automobile that cost $25,000. The car is used 80% for business and 20% for personal use. In 2018, he used the automobile 40% for business and 60% for personal use. Determine the cost recovery recapture for 2018.


A) $0
B) $528
C) $2,000
D) $2,500
E) None of the above

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