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The activity of an earthworm species increases the fertility of soils in an agricultural field. This is an example of
Depreciation
The reduction in the value of an asset over time, particularly for tax purposes.
Equipment
Tangible property used in operations, such as machinery or computer hardware, which can often be depreciated for tax purposes.
Capital Asset
A long-term asset such as equipment, real estate, or securities, which is not easily sold in the regular course of a business's operations for cash.
Taxpayer's Home
The primary place of abode of a taxpayer that determines tax liabilities and benefits.
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