Friday
October 24, 2014

Homework Help: tax

Posted by Andy on Tuesday, March 20, 2012 at 1:24pm.

On July 15, 2009, Travis purchased some office furniture for $20,000 to be used in his business. He did not elect to expense the equipment under 179 or bonus. On December 15, 2011, he sells the equipment. What is his cost recovery deduction for 2011?



A. $0


B. $1,749


c. $3,498


is it C

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

income tax - On July 15, 2009, Travis purchased some office furniture for $20,...
Accounting - On July 15, 2009, Travis purchased some office furniture for $20,...
tax - On May 26, 2007, Jamal purchased machinery for $30,000 to be used in his ...
income tax - On May 26, 2007, Jamal purchased machinery for $30,000 to be used ...
income tax - On May 26, 2007, Jamal purchased machinery for $30,000 to be used ...
Accounting - On May 26, 2007, Jamal purchased machinery for $30,000 to be used ...
microeconomics - Sam Johnson started a small machine shop, Machines, Inc., in ...
Accounting - In June 2011,Kelly purchased new equipment for $26000 to be used in...
accounting - 1-On May 1, 2012, Pinkley Company sells office furniture for $150,...
accounting - Analyze and record, in the form of T Accounts, Mr. James' ...

Search
Members