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Potomac llc purchased an automobile for 30000 on august 5


Question - Potomac LLC purchased an automobile for $30,000 on August 5, 2015. What is Potomac's depreciation expense for 2015 (ignore any possible bonus depreciation)

A. 3,160

B. 4,287

C. 6,000

D. 30,000

E. None of these

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Accounting Basics: Potomac llc purchased an automobile for 30000 on august 5
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