Enrico is a self-employed electrician. In May of the current year, Enrico acquired a used van (5-year property) for $12,000. He used the van 80% for business and 20% for personal purposes. Enrico does not apply Sec. 179 or bonus depreciation. The maximum depreciation deduction for the van is
A. $6,720.
B. $1,920.
C. $1,200.
D. $2,400.
Answer: B
Business
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