Answer: $322,000
Explanation:
Consolidated income = Net income from Ackerman + Net Income from Brannigan + Excess depreciation - Amortization of unpatented tech - Gain from transfer of equipment
Excess depreciation = New depreciation of equipment - Old depreciation
Depreciation is straight line;
= (200,000/5 years) - (110,000/5)
= $18,000
Gain from transfer of equipment
= Sales - Book value
= 200,000 - 110,000
= $90,000
Consolidated income = 300,000 + 98,000 + 18,000 - 4,000 - 90,000
= $322,000
Answer:
correct option is $5,750
Explanation:
given data
amounts were both zero
suspended loss = $20,750
additional capital contributions = $5,750
to find out
How much loss may J. D. deduct in 2019
solution
loss may J. D. deduct in 2019 is $5,750
we know that post transmination period end of 15 September
it is extended here due date of final tax return
it is standardize so that J.D. only deduct loss to extend of his contribution on march
so 2nd contribution make on 15 September
so correct option is $5,750
Empirical probability = (Number of outcomes in a given category) / (Total number of all outcomes)
Answer:
The initial problem of this question is you left out a bunch of context of what you are asking about.
Explanation:
learn how to use this website please.