Hans Purchased a New Passenger Automobile on August 17,2016,for $30,000

question 50

Multiple Choice

Hans purchased a new passenger automobile on August 17,2016,for $30,000.During the year the car was used 40% for business and 60% for personal use.Determine his cost recovery deduction for the car for 2016.

• A)$500
• B)$1,000
• C)$1,224
• D)$1,500
• E)None of the above