On June 1, 2012, Irene places in service a new automobile that cost $21,000.The car is used 70% for business and 30% for personal use.(Assume this percentage is maintained for the life of the car.) She does not take additional first-year depreciation.Determine the cost recovery deduction for 2013.
A) $3,060.
B) $3,290.
C) $3,430.
D) $6,720.
E) None of the above.
Correct Answer:
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