Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 32, michelle , who is self-employed, drove her aut

32, Michelle , who is self-employed, drove her automobile a total of 20,000 business miles...

80.2K

Verified Solution

Question

Accounting

image

32, Michelle , who is self-employed, drove her automobile a total of 20,000 business miles in 2021. This represents about 75% of the auto's use. She has receipts as follows: Parking (business only) Tolls (business only) Repairs $500 200 $1,000 Michelle uses the standard mileage rate method. She can deduct A) $11,900 B) $12,900. C) $11,200. D) $11,725

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

The data below represent scores from three different therapies used to treat depressive symptoms. Scores represent...

Physics
1.2K views

Hector read that the traditional drink in Tibet is tea with added butter. Inspired by this...

Accounting
1.2K views

Distinguish between Revenues and Estimated Revenue. Illustrate the budget entry for Estimated Revenue. Use this information...

Geometry
1.2K views

The following data lists the number of correct and wrong dosage amounts calculated by 32...

Basic Math
1.2K views

The following is the graph of the function f On your paper draw a set...

Algebra
1.2K views

Question 1 11 Determine the sum of the solutions to 27 5z 12 0 O...

Accounting
1.2K views

Windsor Conpany was organized on April 1, 2020. The conpang prepares quarterly financial statement. The...

Accounting
1.2K views

Cost of Goods Sold In March, Chilton Company purchased materials costing $34,750 and incurred direct...

Accounting
1.2K views

Sheridan Company leases a building to Pharoah, Inc. on January 1,2025. The following facts pertain...

Accounting
1.2K views

Martin Company Durchases a machine at the beginning of the years a cost of $105.000...

Finance
1.2K views

(Divisional costs of capital and investment decisions) In May of this year, Newcastle Mfg. Company's...

Accounting
1.2K views

please solve for the numbers below showing the equations ill rate you up ...