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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 2019.
-Section 179 expense in second year following election.
Mass Extinctions
Events in Earth's history when significant numbers of species disappear rapidly and irreversibly, often due to drastic environmental changes.
Varves
Thin, alternating light-colored and dark layers of sediment that form in lakes because of seasonal variations of deposition and biologic activity.
Ice Cores
Cylinder-shaped samples from ice sheets or glaciers that scientists study to understand past climates.
Tree Rings
The concentric rings on the cross-section of a tree trunk, representing a record of a tree's age and the conditions under which it grew.
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