Answer:
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Answer:
$52,000 is the correct answer.
Explanation:
Answer:
.D.complementary products
Explanation:
A complementary good is a product whose usage is dependent on the availability of another. Complementary goods are, therefore, goods that are used together. For example, A and B will be complimentary goods if the use of A will require the use of B.
Yachts and docks are complementary products because a yacht will require a dock as the base of its operation. Without a dock, yacht operations will be almost impossible. Bill is not making good sales on big yachts because potential customers cannot find sufficient docking space. Other examples of complementary goods are car and petrol, printers and ink cartridges, guns and bullets, and DVD players and DVD disks.
Answer:
Option c. is correct
Explanation:
Under the Golsen rule, the Tax Court must follows the Court of Appeals such that the court of appeals has direct jurisdiction over the taxpayer. The Court is said to reach a decision without calculating the tax when a Tax Court decision is said to be entered under Rule 155.
In this question, The Golsen rule applies here and weakens the legal justification for the deduction
