888 Company leased a car throughout 20X5 for $950 per month, $75 of which was for insurance. There was no down payment or refundable deposit. The manufacturer's suggested list price for the car is $38,000. Other costs incurred for the vehicle during 20X5 were $1,600 for gas and $420 for repairs.
The maximum tax deduction for 20X5 vehicle expenses is:
A. $11,753
B. $12,653
C. $12,672
D. $13,420