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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.
After Section
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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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