Sarah Purchased a New Car at the Beginning of the Year

question 76

Essay

Sarah purchased a new car at the beginning of the year. She makes an adequate accounting to her employer and receives a $2,400 (12,000 miles × 20 cents per mile)reimbursement in 2014 for employment-related business miles.She incurs the following expenses related to both business and personal use:
She also spent $200 on parking and tolls that were related to business.During the year she drove a total 20,000 miles.
What are the possible amounts of Sarah's deductible transportation expenses?

Understand the importance and application of precedents in the legal system.

Recognize the role of administrative agencies at different government levels.

Understand the process of legislation at both the federal and state levels.

Understand the diverse nature and definitions of status offenses unique to adolescents.

---

Definitions:

Entrepreneurial Innovation

The process by which an entrepreneur designs, develops, and brings to the market a novel product or service that potentially changes industry patterns or consumer habits.

Subsidize

To provide financial support or assistance, often by the government, to lower the cost of producing goods or services.

Ideas In Motion

The concept of actively pursuing and implementing new ideas and innovations.

Money Rate

The rate of interest charged on short-term loans by banks to their customers.