Carlton Company Acquired a Tract of Land on June 30,2008

question 25

Multiple Choice

Carlton Company acquired a tract of land on June 30,2008.The total cost of the land was $90,000.Carlton estimated that the land would be used for 10 years and then sold.Assuming the company uses straight-line depreciation,the total depreciation taken on the land for the year ended December 31,2003should be:

• A)amount cannot be determined without additional information
• B)$ 9,000
• C)$ 4,500
• D)$ 0

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Definitions:

Descending Pathway

Neural pathways that travel down the spinal cord and control the transmission of signals from the brain to the body.

Fasciculus Gracilis

A bundle of nerve fibers in the spinal cord that transmits touch and proprioception information from the lower body.

Corticospinal Tract

A major neural pathway that runs from the brain through the spinal cord and controls voluntary muscle movement.

Spinothalamic Tract

A sensory pathway from the skin to the thalamus in the brain, important for transmitting pain and temperature signals.