Janet purchased a new car on June 5, 2012, at a cost of $18,000.She used the car 80% for business and 20% for personal use in 2012.She used the automobile 40% for business and 60% for personal use in 2013. Janet takes additional first-year depreciation. Determine Janet's cost recovery recapture for 2013.
A) $0.
B) $928.
C) $1,008.
D) $7,408.
E) None of the above.
Correct Answer:
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