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On May 2,2018, Karen placed in service a new sports utility vehicle that cost $60,000...

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Accounting

On May 2,2018, Karen placed in service a new sports utility vehicle that cost $60,000 and has a gross vehicle weight of 6,300 lbs. The vehicle is used 60% for business and 40% for personal use. Determine Karen's total cost recovery for 2018. Karen wants to use both section 179 and additional first year depreciation. a. $7,200 b. $25,000 c. $27,200 d. $36,000 e. None of the above.

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