Enrico Is a Self-Employed Electrician

question 31

Multiple Choice

Enrico is a self-employed electrician.In May of the current year,Enrico acquired a used van (5-year property) for $12,000.He used the van 80% for business and 20% for personal purposes.Enrico does not take any Sec.179 deduction.The maximum depreciation deduction for the van is

• A)$1,200.
• B)$2,400.
• C)$6,720.
• D)$1,920.

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Definitions:

Key Positions

Crucial roles within an organization that are significant for its success, often requiring specific skills or expertise.

Russian Workers

Individuals employed in Russia, often discussed in terms of their labor conditions, rights, and contributions to the economy.

Participative Leadership

A leadership style that involves employees in decision making, ensuring that their opinions and suggestions are considered in organizational processes.

Culture Shock

The feeling of disorientation or discomfort experienced when encountering a culture or environment vastly different from one's own.