Max purchases a new auto in 2018 at a cost of $56,000.He uses the car 80% for business.Assuming a half-year convention, bonus depreciation, but no immediate expensing, what is the depreciation deduction on the auto?
A) $44,800
B) $14,400
C) $18,000
D) $10,000
E) $8,000
Correct Answer:
Verified
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