On April 23, 2015, Bailey purchased an automobile for $25,000. The car is used 80% for business and 20% for personal use. What is the cost recovery deduction for 2015 and 2016 assuming the 50% bonus was taken? (Round answers to the nearest dollar)

Question

Quizplus · Accepted Answer

The Answer of On April 23, 2015, Bailey purchased an automobile for $25,000. The car is used 80% for business and 20% for personal use. What is the cost recovery deduction for 2015 and 2016 assuming the 50% bonus was taken? (Round answers to the nearest dollar)

On April 23, 2015, Bailey Purchased an Automobile for $25,000