Cost recovery deduction for the business assets

Reference no: EM13150583

Alice purchased office furniture on September 20, 2010, for $100,000. On October 10, she purchased business computers for $80,000. Alice did not elect to expense any of the assets under sect; 179. Determine the cost recovery deduction for the business assets for 2010.

a. $6,426.

b. $14,710.

c. $25,722.

d. $30,290.

e. None of the above.

Reference no: EM13150583

Questions Cloud

Do you agree with the us automakers assertion : Do you agree with the US automakers' assertion that having to pay healthcare and post-retirement workers to the labor force negatively impacted US comparative advantage in the auto industry? Why or why not?

Prepare a balance sheet for the general fund of city jordan : The unadjusted trial balance for the general fund of the City of Jordan

What is the mean weight of a can of soup : What is the probability that a can of soup will have between 9.4 and 10.3 ounces? What is the mean weight of a can of soup? d. What is the standard deviation of the weight?

Conclusion as type one error-type two error or a correct : Suppose that the null hypothesis is rejected and alternate hypothesis is accepted. Discuss the conclusion as a Type I error, a Type II error, or a correct decision, if in fact the defendant is innocent.

Cost recovery deduction for the business assets : Alice purchased office furniture on September 20, 2010, for $100,000. On October 10, she purchased business computers for $80,000. Alice did not elect to expense any of the assets under sect; 179. Determine the cost recovery deduction for the busi..

Segmented income statement in contribution : The Winter Products Division of American Sports Corporation produces and markets two products for use in the snow: Prepare a segmented income statement in the contribution format for last month.

Economic considerations must individuals take into account : What economic considerations must individuals take into account in making the decision to open a business?Coporate Finance

Eleven or less defective units : What is the probability that a sample of 100 units contains a. Five or more defective units? b. Ten or fewer defective units? c. Eleven or less defective units?

Explain the specific heats of liquid and gaseous methane : Assume no heat is lost to the surroundings. The normal boiling point of methane is -161.5 C. The specific heats of liquid and gaseous methane are 3.48 and 2.22 J/g.K, respectively. A)liquid B)gaseous C)solid

User Account

All Pages