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On june 1, 2017, james places in service a new automobile that cost $40,000. the car is used 60% for business and 40% for personal use. (assume this percentage is maintained for…

On june 1, 2017, james places in service a new automobile that cost $40,000. the car is used 60% for business and 40% for personal use. (assume this percentage is maintained for…
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On june 1, 2017, james places in service a new automobile that cost $40,000. the car is used 60% for business and 40% for personal use. (assume this percentage is maintained for the life of the car.) james does not take additional first-year depreciation. determine the cost recovery deduction for 2017.

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User Marcel Braasch
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..,,......,,,.,,,..,.,,,,,,,.,m,,,,,,,,,,
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User Abir Taheer
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You should start with 100% if he is decreasing then subtract
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User Avrahamcool
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