Answer:
Viewing the Constitution as an Original intent rather than a living document has many differences. Including the following, viewing the Constitution in past tense seems rather unpatriotic. It makes it seem as though the Constitution does not live within our society. On the other hand, praising it and keeping it alive shows respect for this wonderful country. It also shows that we value the Constitution.
Answer:
The asset's depreciable basis is:
= $270,500
Explanation:
a) Data and Calculations:
Equipment purchase cost = $250,000
Freight charges = 500
Installation costs = 750
Sales tax 18,750
Special consultant fee 500
Total acquisition costs = $270,500
Depreciable basis = Acquisition costs - Salvage value
= $270,500 - $0
= $270,500
b) The depreciable basis is the amount of the asset that is subject to depreciation over its useful life. This amount is obtained by subtracting the salvage value from the acquisition costs. The acquisition costs include the purchase price of an asset plus the costs incurred to put the asset into service, which include any sales taxes, delivery charges, and installation fees.
Answer:
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Explanation:
