Zachary Purchased a New Car on August 1,2014 for $14,500

question 33

Multiple Choice

Zachary purchased a new car on August 1,2014 for $14,500.His records indicate that he uses the car 45 percent for business and 55 percent for personal use.What are his cost recovery deductions for 2014 and 2015?

• A)$653; $1,305
• B)$1,377; $2,205
• C)$1,305; $2,088
• D)$798; $1,595

---

Definitions:

Offshoring

The relocation of business processes by a company or subsidiary to another country. Offshoring is different than outsourcing because the company retains control of the offshored processes.