On January 3,2012,John Acquired and Placed into Service Business Tools

question 68

Multiple Choice

On January 3,2012,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 2015 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:

Black Sheep Effect

The tendency for groups to judge deviant in-group members more harshly than comparable out-group members, often leading to greater punishment or exclusion of the deviant in-group member.

Outgroup Attribution

The tendency to attribute the behavior and outcomes of individuals who are not members of one's own group to their inherent characteristics, rather than to situational factors.

Consolidation

Consolidation refers to the process of making a position of power or achievement secure and stable, or in psychology, the process by which memories become stable in the brain.

Dissenting View

An opinion that differs from the consensus or majority viewpoint, highlighting the presence of diverse perspectives in discussions or debates.