1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ne4ueva [31]
3 years ago
7

A taxpayer purchased and placed in service during the year a $100,000 piece of equipment. The equipment is 7-year property. The

first-year depreciation for 7-year property is 14.29%. Assume that, of the allowable Sec. 179 limit for the current year, $25,000 is allocated to this piece of equipment. The taxpayer has opted out of bonus depreciation. What amount is the maximum allowable depreciation?
Social Studies
1 answer:
amid [387]3 years ago
6 0

Answer: $35,717,50

Explanation:

Property basis = $100,000

Section 179 expense for current year = $25,000

1st year Depreciation rate = 14.29%

Adjusted basis = property basis - section 179 expense

Adjusted basis = $(100,000 - 25,000) = $75,000

Adjusted basis × Depreciation rate

$75,000 × 14.29%

$75,000 × 0.1429 = $10,717.50

Maximum allowable Depreciation ;

$(25,000 + 10,717.50) = $35,717.50

You might be interested in
A prejudiced judge gives harsher sentences to all African American defendants, even though he is not supported by the judicial s
Svet_ta [14]

Answer:

Isolate discrimination

Explanation:

Discrimination is an action or practice carried out by members of domination groups, or their representatives, which have a differential and negative impact on members of subordinate groups.

Isolate discrimination is a type of discrimination in which harmful action is intentionally taken by a dominant-group member against a member of a minority or non traditional group.

8 0
3 years ago
WANT FREE POINTS & BRAINLIEST? ANSWER THIS DRIVERS ED QUESTION CORRECTLY AND I GOT YOU :)
vovikov84 [41]

C i promise ! good luck ! :)

3 0
3 years ago
Read 2 more answers
A special-purpose map may show such things as
Viefleur [7K]
Topography climate or districts
3 0
3 years ago
Nadina is struggling to decide whether to buy a new sweater that she really cannot afford. what role would each f the three part
stiks02 [169]
When deciding whether or not she should buy an expensive sweater, Nadina's id, ego and superego would play a role. These three components of Nadina's personality would respectively play a role as follows:

i) Id- This component of personality is basically known as the pleasure seeking component, without any rationality, logical and regard for consequences. In Nadina's instance her id would play a role in urging her to give into her desire for pleasure and buy the expensive sweater. 

ii) Ego- The ego is a part of personality, that serves as a mediator between the pleasure-seeking and irrational id, and practical, real world aspects. The ego is characterized by reasoning and consideration of real-life, pragmatic aspects in the decision making process. Here, Nadina's ego would push her to think of a way to buy the sweater and devise a plan so that this purchase will not set back her finances greatly. For instance, Nadina might decide that if she buys the sweater, she can make up for it and justify the expense by fewer meals out for the next two weeks. 

iii) Superego- This aspect of personality includes our morals, beliefs and values which we imbibe from our parents, teachers and other authority figures in society. When making decisions, we take these morals and beliefs into consideration. In Nadina's case, her superego would urge her not to buy the sweater since she cannot afford it and probably needs to spend her money mostly on essentials instead (food, rent, education, children, etc.)


4 0
3 years ago
On the first day of class, Professor Simmons explains what the goals of the course are and what he expects of his students. This
Lapatulllka [165]

Answer: C. Step 1, Defining Performance,

Explanation:

Professor Simmons is describing the first step of the Effective Performance Management System known as DEFINING PERFORMANCE. This is where the goals of the project are penned down so to speak as well as the method of attaining said goals.

This step is immensely important as it sets the stage of the whole project and acts as the foundation on which the project will be built.

5 0
3 years ago
Other questions:
  • In two to three paragraphs, explain how Vietnam’s political boundaries, affiliations, and alliances changed from the end of Worl
    12·1 answer
  • What reasoning did some critics use when calling for the repeal of the 22nd Amendment? A President should be limited to one seve
    9·1 answer
  • Self-observation involves which of the following?
    12·2 answers
  • What territorial and economic changes promoted german unity
    7·2 answers
  • What is independent​
    11·1 answer
  • PLS HELP W/ THIS QUESTION FOR PSYCHOLOGY!!!
    9·2 answers
  • How many senators represent each state?<br> IwO<br> three<br> four<br> five
    8·1 answer
  • Please help. I'll give brainliest :/
    12·1 answer
  • Which of the following is an accurate conclusion based on the data illustrated in the bar chart? Presidents are able to use the
    11·1 answer
  • the us supreme court rules that a federal law is unconstitutional because it violates americans first amendment rights. this is
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!