In June 2015,Chase purchases a new car for $37,000.He uses the car 75% for business purposes.What is Chase's maximum depreciation deduction for the car in 2015?
A)$5,550
B)$2,960
C)$4,200
D)$8,370
E)$11,160

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The Answer of In June 2015,Chase purchases a new car for $37,000.He uses the car 75% for business purposes.What is Chase's maximum depreciation deduction for the car in 2015?
A)$5,550
B)$2,960
C)$4,200
D)$8,370
E)$11,160

In June 2015,Chase Purchases a New Car for $37,000