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Using 1000 J of work, a toy elevator is raised from the ground floor to the second floor in 20 seconds. The power needed to do this job was
Net Income
The total profit of a company after all expenses, taxes, and costs have been deducted from total revenues.
Mortgage Interest
Interest paid on a loan secured by a mortgage on a home, often tax-deductible under certain conditions.
Home Business
A business operated from the residence of the owner, leveraging the flexibility to manage personal and professional life.
§179 Expense Election
A provision of the U.S. tax code that allows businesses to deduct the full purchase price of qualifying assets financed or purchased during the tax year.
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