Manassas Purchased a Computer Several Years Ago for $2,200

question 88

Essay

Manassas purchased a computer several years ago for $2,200. On November 10ᵗʰ of the current year, the computer was worth $800. If $1,000 of depreciation deductions had been taken, what is Manassas' tax adjusted basis for the computer?

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Definitions:

Solution

The answer to a problem or the explanation for a question, especially in mathematics or science.

Linear Equations

Equations in which the highest power of the variable(s) is one, producing a straight line when graphed on the Cartesian plane.

Method Of Elimination

A technique for solving systems of equations by removing variables to find a solution that satisfies all equations simultaneously.

Infinitely Many Solutions

A situation where there are limitless solutions that satisfy an equation or system of equations.