FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:Sisto purchased a passenger
automobile for $49,890. He placed it
into service on May 16; 60% of the
miles driven during the year were
for business. Assuming that Sisto
opts out of the special depreciation
allowance, what is Sisto's maximum
depreciation deduction?
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