Answer:
$53,571 $ $71, 429
Explanation:
The basis for land and warehouse represents the value to be recorded in the books of Bob. When assets are acquired, they are recorded at their cost price, referred to as the basis.
Bob acquired the land and the warehouse by paying a total of $125,000. The combined basis for the two will be $125,000. To determine the basis for each, we will use their fair value to apportion the basis proportionately.
The total fair value for the land and warehouse is $175,000( 75,000 + 125,000)
The basis for the warehouse will be
=75,000/175,000 x 125,000
=0.428571 x 125,000
=$53,571
The basis for land
=100,000/175,000 x 125,000
=0.571428 x 125,000
=$71, 429
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Answer:
Free blacks in the United States:
b. sometimes became wealthy enough to own slaves.
Explanation:
- The option a is not correct as the statement which states that black could testify in court and vote in most states but carry firearms only with the approval of the local sheriff is wrong.
- The option c is not correct as the they had no same rights as white in North.
- The option d is also incorrect as they didn't not make up one-third of the African-American population in the South.
- The option e is also incorrect as the they didn't tend to live in rural areas if they lived in the lower South.
- The option b is only correct as the free blacks in the United States became so much wealthy so they can get someone as a slave.
Answer:
$105,500
Explanation:
Calculation for What would its total cost
Using this formula
Total cost=Fxed costs+(Per-unit variable costs*Monthly volume)
Let plug in the formula
Total cost=$100,000+($10*550 Units)
Total cost=$100,000+$5,500
Total cost=$105,500
Therefore What would its total cost be at a monthly volume of 550 units is $105,500