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On June 1, 2018, James Places in Service a New

question 29

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On June 1, 2018, 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 2018.


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After Section

Refers to the part of a document, website, or application that comes immediately following a specific section, often relating to layout or content organization.

Center Button

Commonly found in navigation devices or software, used to return the view to a central or default position.

City Column

An attribute within a table or database that contains names of cities, typically used in data sorting, filtering, or mapping.

Report Layout View

An interface in database applications that allows for the editing and design of reports while seeing live data.

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