Alfred uses his personal automobile in his business of selling party supplies to local businesses. He bought a new car in 2018 and drove it a total of 20,000 miles of which 2,000 miles were for commuting and other personal uses. Actual gas, oil, repairs, licensing, insurance, and depreciation totaled $11,000 for 2018. Actual parking expenses for business were $200. What is the maximum amount Alfred can deduct for 2018?
A) $9,810
B) $9,900
C) $10,010
D) $10,100
E) $11,200
Correct Answer:
Verified
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