On June 19, 2019, Tommy bought a Chevrolet Suburban (heavy SUV) for $68,700 to be...

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Accounting

On June 19, 2019, Tommy bought a Chevrolet Suburban (heavy SUV) for $68,700 to be used 60 percent in his business. What are Tommys options for writing off the cost of this vehicle and what would be the allowable deduction under each option?

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