Arlington LLC purchased an automobile for $66,000 on July 5, 2018. What is Arlington's depreciation...
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Accounting
Arlington LLC purchased an automobile for $66,000 on July 5, 2018. What is Arlington's depreciation expense for 2018 if its business use percentage is 65 percent (ignore any possible bonus depreciation)? (Use MACRS Table 1, and Exhibit 10-10.) Multiple Choice
$5,075. $
6,600.
$6,500.
$9,900.
None of the choices are correct.
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