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Janet Purchased a New Car on June 5,2010,at a Cost

Question 66

Multiple Choice

Janet purchased a new car on June 5,2010,at a cost of $18,000.She used the car 80% for business and 20% for personal use in 2010.She used the automobile 40% for business and 60% for personal use in 2011.If Congress reenacts additional first-year depreciation for 2010,Janet elects not to take additional first-year depreciation.Determine Janet's cost recovery recapture for 2011.


A) $0.
B) $928.
C) $1,008.
D) $1,440.
E) None of the above.

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