In July of 2017,Pat Acquired a New Automobile for $28,000

question 60

Multiple Choice

In July of 2017,Pat acquired a new automobile for $28,000 and used the automobile 80% for business.In 2018 his business use of the auto was 70%.Pat's depreciation deduction for 2018 will be

• A)$6,272.
• B)$5,100.
• C)$3,570.
• D)$4,080.

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Definitions:

Power Coercively

The ability or act of compelling or controlling actions of others through threats, punishments, or force.

Historical Materialism

Marx’s analysis of history according to the different modes of production used in a society (e.g., slave, feudal, capitalist, etc.).

Property Ownership

The legal right to possess, use, and dispose of land, buildings, or goods.

Class Relationships

The interactions and dynamics between different socioeconomic classes within a society, often examined in terms of inequality, power, and social structure.