On January 3,2013,John Acquired and Placed into Service Business Tools

question 99

Multiple Choice

On January 3,2013,John acquired and placed into service business tools costing $10,000.The tools have a 3-year class life.No other assets were purchased during that year.The depreciation in 2016 for those tools is (Sec.179 and bonus depreciation were not applied)

• A)$0.
• B)$741.
• C)$1,920.
• D)$3,333.

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Definitions:

Pluralism

Is the retention of racial and ethnic culture combined with equal access to basic social resources.

Critics

Individuals or groups who express judgments or evaluations, especially negative or analytical ones, about creative works, products, actions, or policies.

Pluralist Theory

A theory in political science and sociology that argues power is distributed among many groups in society, preventing any one group from gaining dominance.

Democratic Process

The methods and procedures used in a democracy to ensure that citizens have the opportunity to participate in decision-making, typically through voting and public discourse.