Answer:
- Melba's adjusted basis for the land at the Acquisition date is $625000
- Melba's adjusted basis for the land one year later is $645000
Explanation:
The adjusted basis for a property/land is the net cost of the property after adjusting for factors that might attract tax as related to the land
The adjusted basis for the land at the acquisition date is the net cost of the land at the acquisition date which will be ( $225000 + $400000 ) because that was the net cost of the Land at the date of acquisition before an agreement was later reached by Melba requiring him to pay $400000 plus an interest of 5%
Hence the adjusted basis for the land one year later will be
= ( $225000 + $400000 ) + 5% of $400000
= ( $625000 ) + $20000
= $645000
GDP or gross domestic product is the total market value of the finished product and services produced in a country in a specific time period.
Answer:
Elijah but I go by Mayhem
Explanation:
Contact the credit card company. Communication is key. As long as she does not have a habit of being late, they may offer her a grace period.
Answer:
non-linear presentation
Explanation:
Based on the information provided within the question it can be said that in this scenario Rutherford has created a non-linear presentation. This refers to a presentation that is designed in order for the presenter to not have to follow a strict order, and instead provides him/her the ability to skip to the most relevant slides. Which is what Rutherford's conceptual map with links allows him to do.