AC 450 - Week 3

AC 450 - Week 3 - Chapter8 Problem31 Saleofproperty...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Textbook: Chapter 8 required: Problems 31, 45 and TaxCut 62. Chapter 9 Chapter 8 Problem 31 Sale of property  $98,000  Less: Purchase price  $100,000             Depreciation  $(4,091) Total Gain (Loss)  $2,091  Problem 45 a. b. § 179 Expense $50,000  § 179 Expense $250,000  50% additional first year depreciation
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

AC 450 - Week 3 - Chapter8 Problem31 Saleofproperty...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online