​Max Purchases a New Auto in 2016 at a Cost

question 98

Multiple Choice

​Max purchases a new auto in 2016 at a cost of $56,000. He uses the car 80% for business. Assuming a half-year convention, bonus depreciation but no immediate expensing, what is the depreciation deduction on the auto?

• A)​$0
• B)​$8,928
• C)​$8,960
• D)​$28,000
• E)​$33,600

---

Definitions:

Bertha Pappenheim

A key figure in the history of mental health treatment, known as the famous case "Anna O." in the early studies of psychoanalysis.

Psychoanalysis

A method of exploring the mind and treating mental disorders by interpreting the interaction between conscious and unconscious elements.

Josef Breuer

An Austrian physician whose work in the early study of the mind laid the foundation for psychoanalysis.

Hypnosis

A trance-like state of focused attention and increased suggestibility, often used for therapeutic purposes to treat various psychological and physical conditions.