Serena owns a van that she paid $22,000 for in 2010 and used exclusively for personal purposes until May 9, 2016, when she began using the van in her plumbing business. On May 9, 2016, a comparable van was selling for $13,000 . Serena sells the van on October 28, 2017 . Assuming that the van is 5-year MACRS property, it is not listed property, and that Serena did not make the Section 179 election
to expense on the van, what is her allowable depreciation deduction in 2017?
a. $749
b. $1,248
c. $1,267
d. $2,112
e. $2,496
b
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