Lina purchased a new car for use in her business during 2023. The auto was...
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Accounting
Lina purchased a new car for use in her business during The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions including $ expense unless stated otherwise for the automobile in and Lina doesn't want to take bonus depreciation for or in the following alternative scenarios assuming halfyear convention for all: Use MACRS Table Table and Exhibit
Problem Part a Algo
a The vehicle cost $ and business use is percent ignore $ expense
Answer is complete but not entirely correct.
tableYeartableDepreciationdeduction$
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