Answer:
Sweetpea have a gain of $1,000
Explanation:
When the depreciable property is sold, then the gain or loss will be computed to the extent on the difference among the selling price and the adjusted basis.
So, the adjusted basis will be
= Cost of the basis - Depreciation
= $5,000 - $2,000
= $3.000
Therefore,
Gain or Loss = Selling Price - Adjusted basis
= $4,000 - $3,000
= $1,000
Hence, it is a gain of $1,000.
Answer:
She can borrow $110,000 in a home equity loan from Acme
Explanation:
Home equity loan is available to the 80% of the Home value. sally has already a mortgage of $50,000 so she can only borrow the differential amount of Allowable loan and existing loan.
As per given data
Home value = $200,000
Allowable Loan limit = $200,000 x 80% = $160,000
Existing Loan = $50,000
Available limit of Loan = Allowable Loan limit - Existing Loan = $160,000 - $50,000 = $110,000
She can borrow $110,000 in a home equity loan from Acme
The answer is "access to good schools".
A retail store is a position of business normally claimed and worked by a retailer yet now and again possessed and worked by a producer or by somebody other than a retailer in which stock is sold fundamentally to ultimate customers. Good schools are something which cannot have secondary consideration.
The earliest franchise of indoor cycling classes called Spinning
<h3>Spinning</h3>
- Spinning is a brand of indoor bicycles and indoor cycling instruction classes distributed and licensed by the American health and fitness company Mad Dogg Athletics.
In conclusion, we can conclude that the correct answer is spinning.
learn more about spinning from here: brainly.com/question/339581
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In this extremely fragmented and fast-growing economy, the service industry in China is becoming the undisputed market leader.
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To learn more about Kone from the given link.
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