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

question 107

Multiple Choice

On June 1, 2018, 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 2019.

• A)$3,290
• B)$3,570
• C)$4,704
• D)$10,000

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Definitions:

White Matter

Tissue in the brain and spinal cord made up of nerve fibers, which is crucial for the transmission of signals within the nervous system.

Pounds

A unit of weight in the imperial system, equivalent to 0.453592 kilograms.

Cerebral Cortex

The outer layer of the brain, responsible for complex cognitive processes, including reasoning, language, and consciousness.

Central Nervous System

The central nervous system consists of the brain and spinal cord and is responsible for processing and transmitting neural signals in the body.