Answer: $492,515
Explanation:
Total Paid-In Capital:
= 12,100 shares of common stock at $15 par + Paid in capital in excess of par -Common Stock + Paid in capital from Sale of treasury stock
= $181,500 + 14,520 + 7,800
= $203,820
Total Stockholders' Equity = Total Paid-In Capital + Retained Earnings - Treasury stock
= $203,820 + 300,000 - 11,305
= $492,515
This is a hack web because it tells you the answer
Answer:
Accumulated depreciation= $24,000
Explanation:
Giving the following information:
Using the straight-line method of depreciation, annual depreciation expense is computed as $8,000.
Under the straight-line depreciation method, the annual depreciation remains the same during the useful life.
Accumulated depreciation= annual depreciation*number of years
Accumulated depreciation= 8,000*3= $24,000
The quote could be seen on page number 186.
This is one of the famous quote from a book called 'I am Malala'
The book told a story about a girl that grew up in the Taliban and have to experience many form of silencing and thought policing.
The quote indicated that people often forget how good it is to live in a place where you could express your opinion freely.
Answer:
D) $4,200
Explanation:
the business investigation expenses of a taxpayer who is already engaged in a similar trade or business are fully deductible in the year incurred regardless of whether or not the taxpayer goes into a new business.
Therefore, the maximum amount of deduction for the current year is
$4,200.
