On July 17,2010,Kevin places in service a used automobile that cost $18,000.The car is used 80% for business and 20% for personal use.In 2011,he used the automobile 40% for business and 60% for personal use.Determine the cost recovery recapture for 2011.
A) $0.
B) $1,200.
C) $1,248.
D) $2,400.
E) None of the above.
Correct Answer:
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