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Business, 26.11.2019 03:31 jeniscool

On july 10, 2017, ariff places in service a new sports utility vehicle that cost $70,000 and weighed 6,300 pounds. the suv is used 100% for business.

determine ariff's maximum deduction for 2017, assuming ariff's ⧠179 business income is $110,000.

ariff does not take additional first-year depreciation.
a. $2,960
b. $25,000
c. $34,000
d. $70,000
e. none of the above

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On july 10, 2017, ariff places in service a new sports utility vehicle that cost $70,000 and weighed...
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