Max Purchases a New Auto in 2017 at a Cost

question 81

Multiple Choice

Max purchases a new auto in 2017 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