Steve Corp Bought a $600,000 Apartment Building in June of 2014

question 31

Multiple Choice

Steve Corp bought a $600,000 apartment building in June of 2014. Of the purchase price, $104,950 is allocated to the value of the land. What is the maximum amount of depreciation that the company can claim in 2015 (year 2) for the building?

• A)$9,752
• B)$18,000
• C)$25,000 under the election to expense business property
• D)$21,816
• E)You cannot depreciate property costing over $500,000

Describe the humanistic-existential model and its approach to self-awareness and living a meaningful life.

Analyze the relationship between behaviors, thoughts, and the development of psychological disorders.

Identify the importance of self-actualization in human functioning.

Understand the dominant approaches used in clinical psychology and their characteristics.

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Definitions:

Continuous Reinforcement

A reinforcement schedule in operant conditioning where a behavior is rewarded every time it is performed.

Negative Reinforcement

A behavioral technique where the removal of an undesirable or unpleasant outcome after the display of a behavior increases the likelihood of the behavior being repeated in the future.

B. F. Skinner

A psychologist known for his work in behaviorism and for developing the theory of operant conditioning.

Cognitive Processes

Mental activities involved in acquiring, storing, retrieving, and using information.