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On June 1, 2017, Irene places in service a new automobile that cost $21,000. The car is used 70% for business and 30% for personal use. (Assume this percentage is maintained for the life of the car.) She does not take additional first-year depreciation. Determine the cost recovery deduction for 2018.
Nodding Vigorously
An exaggerated form of nodding, often used to express strong agreement or enthusiasm.
Glazing Over
The act of losing interest or attention, often resulting in a lack of comprehension or engagement.
Systematic Comparison
The methodical analysis and evaluation of similarities and differences between items, concepts, or processes.
Job Requirements
The specific qualifications, skills, and experiences that an employer expects a candidate to possess for a particular position.
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