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:

Demographers

Specialists who study population dynamics, including its size, structure, and distribution.

Birthrates

The ratio of live births in an area to the population of that area over a year, typically expressed per 1000 inhabitants.

Economic View

A perspective or analysis regarding how economic forces interact, including considerations of markets, resource allocations, and the impacts of policies.

Demographers

Experts who study population dynamics, including birth rates, death rates, and migration patterns, to understand population changes.