An Asset (Not an Automobile) Put in Service in June

question 17

Multiple Choice

An asset (not an automobile) put in service in June 2019 has a depreciable basis of $35,000 and a recovery period of 5 years and is the only asset placed in service this year. Assuming bonus depreciation is used, a half-year convention, and the expensing election is made, what is the maximum amount of cost that can be deducted in 2019 (assume no income limitation) ?

• A)$7,000
• B)$17,500
• C)$21,000
• D)$24,400
• E)$35,000

Understand the dynamics of population change and factors affecting it in a natural ecosystem.

Identify different population control mechanisms and their effects.

Distinguish between K-selected and r-selected species and their characteristics.

Describe the impact of genetic diversity on population survival and the concepts of the founder effect, demographic bottleneck, and inbreeding depression.

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Definitions:

Abdomen

The part of the body between the chest and pelvis, containing most of the digestive system organs along with the liver and kidneys.

Half-moon

A crescent-shaped figure, often used to describe the visible white shape at the base of a human fingernail.

Erectile Tissue

Tissue in the body capable of becoming rigid and engorged with blood, primarily found in the penis and clitoris.

Clitoris

An erectile organ located at the anterior junction of the labia minora.