On May 2, 2018, Karen Placed in Service a New

Multiple Choice

On May 2, 2018, 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 Karen's total cost recovery for 2018. Karen wants to use both §179 and additional first-year depreciation.

A) $7,200
B) $25,000
C) $27,200
D) $36,000
E) None of the above