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Business, 28.07.2021 01:00 mdegracia73
On June 1, 2019, Irene places in service a new automobile that cost $21,000. The car is used 70% for business and 30% for personal use. (Assume this percentage is maintained for the life of the car.) She does not take additional first-year depreciation. Determine the cost recovery deduction for 2020.
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On June 1, 2019, Irene places in service a new automobile that cost $21,000. The car is used 70% for...
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