In June 2018, Chase Purchases a New Car for $40,000

question 75

Multiple Choice

In June 2018, Chase purchases a new car for $40,000. He uses the car 75% for business purposes. What is Chase's maximum depreciation deduction for the car in 2018?

• A)$6,000
• B)$7,500
• C)$10,000
• D)$13,500
• E)$18,000