Multiple Choice
Max purchases a new auto in 2016 at a cost of $56,000. He uses the car 80% for business. Assuming a half-year convention, bonus depreciation but no immediate expensing, what is the depreciation deduction on the auto?
A) $0
B) $8,928
C) $8,960
D) $28,000
E) $33,600
Correct Answer:
Verified
Correct Answer:
Verified
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