The Ross CPA Firm Places the Following Property in Service

question 8

Multiple Choice

The Ross CPA Firm places the following property in service during the 2013 tax year:
$\begin{array}{llll}\text { Froperty } & \text { Placed in } \\\text { Description } & \text { Service }& \text {MACRS Life }& \text {Cost Basis }\\\hline\text { Computers } & \text { Feb 6 } & 5 \text { years } & \$ 40,000 \\\text { Office furniture } & \text { June } 24 & 7 \text { years } & \$ 80,000 \\\text { Switchboard system } & \text { Nov 3 } & 5 \text { years } & \$ 130,000\end{array}$
Ross wants to obtain the maximum possible depreciation deduction for these property acquisitions including full utilization of the election to expense property under Section 179.Ross elects out of bonus depreciation.Ross will report 2013 taxable income in the amount of $100,000 before consideration of depreciation on their 2013 property acquisitions.What is Ross' maximum depreciation from these additions?

• A)$119,500
• B)$125,432
• C)$126,932
• D)$130,000
• E)$250,000

Define corporate social responsibility and its relevance to organizational behaviour.

Elaborate on strategies for creating a positive work environment and improving employee well-being.

Discuss the concept of work engagement and its importance to organizations.

Understand talent management and its connection to organizational behaviour.

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Definitions:

Real Estate Deals

Transactions or agreements made in the context of buying, selling, or leasing property.

Forms

The structures, shapes, or external appearances of objects as perceived or conceptualized.

Contradictory Propositions

Propositions that cannot both be true at the same time, as they make opposite claims.

Forms

In philosophy, especially in Platonic thought, the ideal or perfect essence of something, which exists beyond the physical representation.