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Arlington LLC Purchased an Automobile for $40,000 on July 5

Question 79

Multiple Choice

Arlington LLC purchased an automobile for $40,000 on July 5, 2016. What is Arlington's depreciation expense for 2016 if its business use percentage is 75 percent? (ignore any possible bonus depreciation)


A) $2,370
B) $3,160
C) $6,000
D) $8,000
E) None of these

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