Janet Purchased a New Car on June 5, 2012, at a Cost

question 27

Multiple Choice

Janet purchased a new car on June 5, 2012, at a cost of $18,000.She used the car 80% for business and 20% for personal use in 2012.She used the automobile 40% for business and 60% for personal use in 2013. Janet takes additional first-year depreciation. Determine Janet's cost recovery recapture for 2013.

• A)$0.
• B)$928.
• C)$1,008.
• D)$7,408.
• E)None of the above.

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Definitions:

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