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Moore leases and places in service a passenger automobile

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On August 1, 2009, Moore leases and places in service a passenger automobile. The lease will run for five years, and the payments are $600 per month. During 2009, he uses his car 80% for business and 20% for personal activities. Assuming the dollar amount from the IRS table is $160, determine Moore's inclusion amount

Reference no: EM131817597

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