Answer:
The tax treatment of up-front financing costs calls for these expenses to be amortized over the life of the loan. However, if the loan is prepaid prior to the term of the loan (perhaps because the property is sold), the tax treatment of these costs changes. If up-front financing costs on a 30-year loan total $6,000, and the loan is prepaid in full at the end of year 5, what is the maximum amount that the investor can deduct when calculating taxable income from rental operations in year 5?
The Maximum Allowable Deduction in year 5 = $6,000 - $800 = $5,200
Explanation:
Up-front financing costs per annum = Loan amount/ number of years
= $6,000 / 30 = $200
Total financing costs deducted till the fourth year = $200 x 4 = $800
Maximum Allowable Deduction in year 5 = $6,000 - $800 = $5,200
Therefore, the Maximum Allowable Deduction in year 5 = $6,000 - $800 = $5,200
Mike wants to create graphics for web pages and wants to use them in e-learning. Mike can choose to be a Multimedia artist and this field requires at least a bachelor's degree in computer graphics, art, or related fields.
<h3>What do you mean by graphics?</h3>
Graphics refer to the visual designs or images to illustrate, entertain or inform.
Multimedia artists are innovators that develop animation and designs for various industries.
Mike can choose to be a multimedia artist to create graphics for web pages and can use them in the e-learning sector. Jobs in this field demand at least a bachelor's degree in computer graphics or a related field.
Learn more about Graphics here:
brainly.com/question/11764057
#SPJ1
The demand of something means how the insistency or desire to purchase that item. When there is a shift in income, demand for goods change drastically. If the income level for a person rises, then the demand for goods that they may not have been able to afford before rises and the cheaper options decline. If the income shift drops, the demand for the goods previously affordable may go down, due to not being able to afford them anymore.
I would say D because for 10 laptops it’s 60,000 and for 4 of them it’s 2,400 but I’m not sure