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Using the legend provided, classify each statement accordingly. In all cases, assume that taxable income is being adjusted to arrive at current E & P for 2016.
-Gain on installment sale in 2016 deferred until 2017.
Loose-Fitting Clothing
Garments that do not hug the body closely, often recommended for comfort or to avoid restricting circulation and movement.
Solid Waste
Non-liquid waste materials generated from residential, industrial, or commercial activities.
Extra Packaging
Additional wrapping or containers used to protect or contain a product, often criticized for being unnecessary and wasteful.
Crushed Pills
Medications that have been ground into a fine powder, often to facilitate easier swallowing or to mix with food or liquids for those who have difficulty swallowing pills whole.
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