What Is the Maximum Depreciation Expense Deduction for Year 2

question 57

Multiple Choice

What is the maximum depreciation expense deduction for Year 2 (2017) for a passenger automobile, used 100 percent for qualified business use, placed in service on June 15, 2016 and costing $16,000 (the election to expense is not made and no bonus depreciation was taken) ?

• A)$2,800
• B)$3,160
• C)$3,200
• D)$5,100
• E)$5,120

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