Solved: How much depreciation is entitled to deduction, Taxation

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How much depreciation is entitled to deduction

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During 2014, Simon (self-employed) pays $14,500 for a new automobile that he uses 45% of the time for business, 25% of the time for investment purposes, and 30% of the time for personal use. The half-year convention applies to the automobile. How much depreciation is Simon entitled to deduct in 2014?

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Taxation: How much depreciation is entitled to deduction

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