Littman LLC Placed in Service on July 29, 2020, Machinery

question 89

Multiple Choice

Littman LLC placed in service on July 29, 2020, machinery and equipment (seven-year property) with a basis of $600,000. Littman's income for the current year before any depreciation deduction was $100,000. Which of the following statements is true to maximize Littman's total depreciation deduction for 2020? (Use MACRS Table 1.)

• A)Littman should take §179 expense equal to the maximum $1,040,000.
• B)Littman should take no §179 expense.
• C)Littman's §179 expense will be greater than $100,000.
• D)Littman's §179 expense will be less than $100,000.
• E)None of the choices are correct.

Recognize the impact of social inequality on deviance as explained by conflict theory.

Understand the significance of symbolic interaction in the concept of deviance.

Explain the process and implications of labeling in deviance.

Gain insight into the use of phenomenology and ethnography in studying deviance.

---

Definitions:

Germinal Stage

The initial two weeks of prenatal development after conception, characterized by cell division and the attachment of the zygote to the uterine wall.

Neonatal Stage

The period extending from birth to 28 days of life, characterizing the first phase of infancy where intensive care and monitoring are essential.

Age of Viability

The stage of fetal development when the fetus is capable of surviving outside the uterus, typically around 24 weeks of gestation.

Prematurely

Occurring or done before the usual or proper time; too early.