Business, 06.08.2021 23:50 alizehmero
On July 17, 2019, Hernan places in service a used automobile that cost $25,000. The car is used 80% for business and 20% for personal use. In 2020, he used the automobile 40% for business and 60% for personal use. Determine the cost recovery recapture for 2020.
a. $528.
b. $2,500.
c. $2,000.
d. $0.
Answers: 3
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