Answer:
Vern's depletion deduction is $175000
Explanation:
given data
mineral interest = $3,500,000
recoverable units = 500,000
mined = 40,000 units
sold = 25,000 units
depletion rate = 22%
to find out
Vern's depletion deduction
solution
we get here depletion expense that is
depletion expense =
...........................1
put here value we get
depletion expense =
depletion expense = $175000
and
percentage depletion = $800,000 × 22%
percentage depletion = $176000
we know that % depletion method is not accept as IRS for certain natural resources
so we use depletion method is use here
Vern's depletion deduction is $175000
Answer:
Final Value= $13,585.46
Explanation:
Giving the following information:
You decide to invest in the stock market, which has earned about 11% per year over the past 80 years and is expected to continue at this rate. You decide to invest $1,000 today for 25 years.
We need to use the following formula:
FV= PV*(1+i)^n
FV= 1000*(1.11)^25= $13,585.46
The expenses deductible for AGI are the cost of health insurance (not purchased through an exchange, the employer portion of self-employment tax paid.
<h3><u>
What is Tax?</u></h3>
- Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.
- A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
- Non-compliance with the law includes failing to pay on time as well as evading or resisting taxation.
Taxes can be paid in cash or in the labor equivalent and can be either direct or indirect. The expenses deductible for AGI penalty on early withdrawal of funds from a certificate of deposit.
Know more about tax with the help of the given link:
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<h3 />
Answer:
D. Docking station
Explanation:
Docking station is the device that has the capability to easily connect a laptop to an external monitor, keyboard, mouse, and charge the battery. It is a device that provides same functionality as port replicator but has extra slots for connecting more peripheral devices. In other words, the device is a simplified way of plugging-in a laptop computer to common peripherals.