Haley, a self-employed individual, drove her automobile a total of 20,000 business miles in 2018....

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Accounting

Haley, a self-employed individual, drove her automobile a total of 20,000 business miles in 2018. This represents about 75% of the autos use. She has receipts as follows: Parking (business only): $500 Tolls (business only): $200 Total repairs: $1,000 If Haley uses the standard mileage rate method, how much can she deduct as a business expense?

1)

$12,500

2)

$11,600

3)

$11,200

4)

$11,000

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