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What is allowable deduction that arises from this purchase

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Question - Classy Cars Pty Ltd, a small business, purchases a new business vehicle for $28,800 on 2 March 2020. What is the allowable deduction that arises from this purchase? The motor vehicle is expected to have a useful life of 10 years.

a. $2,880

b. $20,000

c. $28,800

d. $14,400

Reference no: EM133088623

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