subject
Business, 15.11.2019 07:31 braydentillery1221

Alice purchased office furniture on september 20, 2016, for $100,000. on october 10, 2016, she purchased business computers for $80,000. alice placed all of the assets in service on january 15, 2017. alice did not elect to expense any of the assets under § 179, did not elect straight-line cost recovery, and did not take additional first-year depreciation. determine the cost recovery deduction for the business assets for 2017.

a. $6,426
b. $14,710
c. $25,722
d. $30,290
e. none of the above

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 20:20, bisolad64
Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Answers: 2
image
Business, 22.06.2019 11:00, jilliand2030
Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logistics management? provide examples of competing firms that differ in the level of each service output provided to customers?
Answers: 1
image
Business, 22.06.2019 12:20, mxrvin4977
In terms of precent, beer has more alcohol than whiskey true or false
Answers: 1
image
Business, 22.06.2019 12:30, cuppykittyy
Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes
Answers: 2
You know the right answer?
Alice purchased office furniture on september 20, 2016, for $100,000. on october 10, 2016, she purch...

Questions in other subjects: