​In 2015, a Taxpayer Purchases a New Automobile (5 Year

question 103

Multiple Choice

​In 2015, a taxpayer purchases a new automobile (5 year recovery) for $56,000 for 100% use in her business. What is the total cost recovery assuming that the taxpayer does or does not elect bonus depreciation on the auto (half-year convention but no immediate expensing) ?

• A)​$11,200 with bonus and $3,160 without bonus
• B)​$11,160 with bonus and $11,200 without bonus
• C)​$11,160 with bonus and $3,160 without bonus
• D)​$8,000 with bonus and $3,160 without bonus

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