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On march 15, 2017, helen purchased and placed in service a new escalade. the purchase price was $62,000, and the vehicle had a rating of 6,500 gvw. the vehicle was used 100% for business. helen does claim any available additional first-year depreciation. if required, round your answers to the nearest dollar.

Respuesta :

emdgeon
An escalade's useful life expectancy is 3 years. So, 62000/3, so the depreciation claim is $20,667.00
sakhilemdletshesm

Answer:

The amount of cost of recovery for vehicle is $7,400.

Explanation:

Please see attachment .

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