David acquired an automobile for $30,000 for use in his unincorporated business in 2011 and used the standard mileage rate method in 2011 and 2012.He switches to the actual expense method for 2013.The automobile was used 25,000 miles in 2011 and 20,000 miles in 2012.What is the amount of the adjusted basis of the automobile for purposes of computing depreciation in 2013?

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The Answer of David acquired an automobile for $30,000 for use in his unincorporated business in 2011 and used the standard mileage rate method in 2011 and 2012.He switches to the actual expense method for 2013.The automobile was used 25,000 miles in 2011 and 20,000 miles in 2012.What is the amount of the adjusted basis of the automobile for purposes of computing depreciation in 2013?

David Acquired an Automobile for $30,000 for Use in His