On July 17,2013,Kevin Places in Service a Used Automobile That

question 39

Multiple Choice

On July 17,2013,Kevin places in service a used automobile that cost $25,000.The car is used 80% for business and 20% for personal use.In 2014,he used the automobile 40% for business and 60% for personal use.Determine the cost recovery recapture for 2014.

• A)$0.
• B)$528.
• C)$2,000.
• D)$2,500.
• E)None of the above.

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Definitions:

Cultural Socialization

Parental practices that teach children about their racial/ethnic heritage and promote cultural practices and cultural pride.

Thanksgiving Tradition

Practices and customs associated with the celebration of Thanksgiving, including meals, family gatherings, and activities.

Cultural Reciprocation

The mutual exchange and adaptation of cultural practices, beliefs, and knowledge between different cultures.

Sexual Orientation

A person's sexual identity in relation to the gender to which they are attracted.