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Lina purchased a new car for use in her business during 2017. The auto was the only business asset she purchased during the year and her business was extremely profitable. Calculate her maximum depreciation deductions (including §179 expense unless stated otherwise) for the automobile in 2017 and 2018 (Lina doesn't want to take bonus depreciation for 2017or 2018) in the following alternative scenarios (assuming half-year convention for all):
a. The vehicle cost $15,000 and business use is 100 percent (ignore §179 expense).
b. The vehicle cost $40,000, and business use is 100 percent.
c. The vehicle cost $40,000, and she used it 80 percent for business.
d. The vehicle cost $40,000, and she used it 80 percent for business. She sold it on March 1 of year 2.
e. The vehicle cost $40,000, and she used it 20 percent for business.
f. The vehicle cost $40,000 and is an SUV that weighed 6,500 pounds. Business use was 100 percent.
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