In June 2013, Chase purchases a new car for $37,000. He uses the car 75% for business purposes. What is Chase's maximum depreciation deduction for the car in 2013?
A) $ 5,550
B) $ 2,960
C) $ 4,200
D) $ 8,370
E) $11,160

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The Answer of In June 2013, Chase purchases a new car for $37,000. He uses the car 75% for business purposes. What is Chase's maximum depreciation deduction for the car in 2013?
A) $ 5,550
B) $ 2,960
C) $ 4,200
D) $ 8,370
E) $11,160

In June 2013, Chase Purchases a New Car for $37,000