FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question Content Area Exercise 9-12 (Algorithmic) (LO. 2) Lara uses the standard mileage method for determining auto expenses. During 2023, she used her car as follows: 19,400 miles for business, 3,880 miles for personal use, 5,820 miles for a move to a new job, 1,940 miles for charitable purposes, and 970 miles for medical visits. Presuming that all the mileage expenses are allowable (i.e., not subject to percentage limitations), what is Lara's deduction for: If required, round your answers to the nearest dollar. Question Content Area a. Business? $fill in the blank a97583fd7fd305e_1 10,864 Question Content Area b. Charitable? $fill in the blank 3c253400e017fcd_1 272 Question Content Area c. Medical? $fill in the blank a53f0702ffa7019_1 175

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