On may 2 2012 karen placed in service a new sports utility, Ask an Expert

Accounting

On May 2, 2012, Karen placed in service a new sports utility vehicle that cost $60,000 and has a gross vehicle weight of 6,300 lbs. The vehicle is used 60% for business and 40% for personal use. Determine the cost recovery for 2012. Karen wants to maximize her deductions.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M944551

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