Janet Purchased a New Car on June 5,2011,at a Cost

question 43

Multiple Choice

Janet purchased a new car on June 5,2011,at a cost of $18,000.She used the car 80% for business and 20% for personal use in 2011.She used the automobile 40% for business and 60% for personal use in 2012.Janet elects not to take additional first-year depreciation.Determine Janet's cost recovery recapture for 2012.

• A) $0.
• B) $928.
• C) $1,008.
• D) $1,440.
• E) None of the above.