Serena owns a van that she paid $22,000 for in 2010 and used exclusively for personal purposes until May 9,2016,when she began using the van in her plumbing business.On May 9,2016,a comparable van was selling for $13,000.Serena sells the van on October 28,2017.Assuming that the van is 5-year MACRS property,it is not listed property,and that Serena did not make the Section 179 election to expense on the van,what is her allowable depreciation deduction in 2017?
A)$749
B)$1,248
C)$1,267
D)$2,112
E)$2,496

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The Answer of Serena owns a van that she paid $22,000 for in 2010 and used exclusively for personal purposes until May 9,2016,when she began using the van in her plumbing business.On May 9,2016,a comparable van was selling for $13,000.Serena sells the van on October 28,2017.Assuming that the van is 5-year MACRS property,it is not listed property,and that Serena did not make the Section 179 election to expense on the van,what is her allowable depreciation deduction in 2017?
A)$749
B)$1,248
C)$1,267
D)$2,112
E)$2,496

Serena Owns a Van That She Paid $22,000 for in 2010