Bonnie Jo Purchased a Used Camera (Five-Year Property) for Use

question 43

Multiple Choice

Bonnie Jo purchased a used camera (five-year property) for use in her sole proprietorship. The basis of the camera was $2,600. Bonnie Jo used the camera in her business 60 percent of the time and used it for personal purposes the rest of the time during the first year. Calculate Bonnie Jo's depreciation deduction during the first year, assuming the sole proprietorship had a loss during the year. (Bonnie did not place the property in service in the last quarter.) (Use MACRS Table 1.)

• A) $260
• B) $312
• C) $520
• D) $2,600
• E) None of the choices are correct.

Explore Foucault's analysis of power relations and the intertwining of power and knowledge.

Understand the concept of bodily discipline through everyday practices, as analyzed by Foucault.

Examine Giddens's views on globalization and time-space distanciation in the context of modernity.

Assess Gramsci's theory of cultural hegemony and its contribution to understanding power structures.