Answer:
$6,000
Explanation:
Since the main the activitity of Carlos' business is dry cleaning services, but not a trade in or business in holding real property, he is only is at risk for $30,000 which is personal money
Therefore, the total of $24,000 will be deducted in the first year while the remaining $6,000 will be deducted in the second year to have a total of $30,000 which is his personal risk.
Therefore, for the second year, Carlos can deduct <u>$6,000</u> of the loss.
Answer: $10,906
Explanation:
Given that,
Purchased machinery at the beginning of Year 1 = $86,100
machinery has an estimated life of five years,
Estimated residual value = $4,305
Accumulated depreciation = $49,077 at the end of Year 2
Year 3 Depreciation expense:
= ![\frac{Cost\ of\ machinery - Estimated\ residual\ value - Accumulated\ depreciation}{3}](https://tex.z-dn.net/?f=%5Cfrac%7BCost%5C%20of%5C%20machinery%20-%20Estimated%5C%20residual%5C%20value%20-%20Accumulated%5C%20depreciation%7D%7B3%7D)
= ![\frac{86,100 - 4,305 - 49,077}{3}](https://tex.z-dn.net/?f=%5Cfrac%7B86%2C100%20-%204%2C305%20-%2049%2C077%7D%7B3%7D)
= $10,906
Answer:
C: imagine how separatethings will lokk if they were put together in a particular way.
Explanation:
The person that has the spatial ability of visualization is able to change things around them and visualize a perfect location for them because this skill is a manifestation of their perceptions and the facility they have for remembering things, places, distances, positions, etc. They visualize the perfect place for objects.