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What is the maximum depreciation

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Problem 1: What is the maximum depreciation, including bonus depreciation, in 2018 for a used automobile driven 100% for business that was acquired on July 2, 2018, for $28,000? Assume Section 179 is not elected and that this is the only property placed in service during the year. The vehicle has a gross vehicle weight rating under 6,000 pounds.

a. $3,160
b. $18,000
c. $16,800
d. $5,600
e. $11,160

Reference no: EM132726036

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