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On July 17, 2017, Kevin Places in Service a Used

question 83

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On July 17, 2017, Kevin places in service a used automobile that cost $25,000. The car is used 80% for business and 20% for personal use. In 2018, he used the automobile 40% for business and 60% for personal use. Determine the cost recovery recapture for 2018.


Definitions:

Anxiety

A feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.

Potentially Violent

Refers to a situation or individual that might result in physical aggression or harm due to various factors like mental health issues, stress, or conflict.

Deliberate Gestures

Intentional movements or signals made by a person to convey a message or perform a specific action.

Broad Openings

Structures or objects having a wide gap or aperture.

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