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What is the maximum depreciation expense deduction for Year 2 (2013) for a passenger automobile, used 100 percent for qualified business use, placed in service on June 15, 2012 and costing $12,000 (the election to expense is not made and no bonus depreciation was taken)?

a. $3,840

b. $4,900

c. $3,060

d. $2,400

e. None of the above

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