Answer: $1,355.41
Step-by-step explanation:
Business expense deductible:
= Adjusted Cost of gasoline + Depreciation
As Ryan can only provide documentation for 1,300 miles, this is what the deductible will be based on:
= (Cost of gasoline * Documented miles for business / Estimated miles for business) + (Depreciation * Documented miles for business / Total miles travelled)
= (1,920 * 1,300 / 2,260) + (3,900 * 1,300 / 20,200)
= $1,355.41