[The following information applies to the questions displayed below.] Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan paid $2.010 for gasoline on these trips. His depreciation on the car if he was using it fully for business purposes would be $4,500. During the year, he drove his car a total of 16,400 miles (a combination of business and personal travel). (Do not round Intermediate calculations. Round your final answers to the nearest whole dollar amount.)
[The following information applies to the questions displayed below.] Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan paid $2.010 for gasoline on these trips. His depreciation on the car if he was using it fully for business purposes would be $4,500. During the year, he drove his car a total of 16,400 miles (a combination of business and personal travel). (Do not round Intermediate calculations. Round your final answers to the nearest whole dollar amount.)
Chapter6: Deductions And Losses: In General
Section: Chapter Questions
Problem 46P
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