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What Is the Maximum Depreciation Expense Deduction for Year 2

Question 91

Multiple Choice

What is the maximum depreciation expense deduction for Year 2 (2018) for a passenger automobile,used 100 percent for qualified business use,placed in service on June 15,2017 and costing $16,000 (the election to expense is not made and no bonus depreciation was taken) ?


A) $2,800
B) $3,160
C) $3,200
D) $5,100
E) $5,120

Correct Answer:

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