During 2012, Chester Pry used his personal car for both business and personal purposes. During the year, he drove 5,000 miles on business-related trips and 7,000 miles for personal purposes. He incurred $6,500 of car expenses during the year. Based on this information, what amount of the car expenses are deductible as business- related expenses on Chester's 2012 tax return? Show computations.

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The Answer of During 2012, Chester Pry used his personal car for both business and personal purposes. During the year, he drove 5,000 miles on business-related trips and 7,000 miles for personal purposes. He incurred $6,500 of car expenses during the year. Based on this information, what amount of the car expenses are deductible as business- related expenses on Chester's 2012 tax return? Show computations.

During 2012, Chester Pry Used His Personal Car for Both