Answer:
Jessica's for AGI deduction for these costs is:
b. $14.00.
Explanation:
The aggregate gross income (AGI) can be defined as the total amount of income that an individual earns and is used in calculating the amount of income tax that an individual is liable to pay. The AGI can be expressed as follows;
AGI=T×N×W
where;
AGI=aggregate gross income
T=toll amount per way
N=number of times she reported
W=number of way
In our case;
AGI=unknown, to be determined
T=$1.75
N=4
W=2
Replacing;
AGI=(1.75×4×2)=$14.00
Jessica's for AGI deduction for these costs is:
b. $14.00.
Answer: I honestly have no idea im just stupid and i need points so yea im sry bye
Explanation:
Someone who is a natural leader exhibits this pearning pattern : Strong willed
learner.
-Hope this helps.
Answer:
revised annual depreciation will be : 13710
Explanation:
After revision the remaining life of equipment shrank down to 2 years, so the depreciation working will be worked out to adjusted the impact of decreasing of useful life.
As per existing information the depreciation charges are calculated as :
(Cost-Salvage Value)/Useful life= (49700-4000)/10 = 4570
Accumulated Depreciation indicates that 4 years have past by (18280/4570)
now remaining years are 6 which will be reduced to 2 after revision so the new working will be as follows:
Remaining Cost :31420 (49700
-18280)
Salvage Value : 4000
Revised Remaining Useful Life : 2
Revised Calculated Depreciation Annual : (31420-4000)/2 = 13710
It can be further verified through simple math also:
Adding annual depreciation of remaining 2 years : 13710
+13710
=27420
Value available for depreciation after salvage value : 31420
-4000= 27420
