Abigail's Hobby Is Sculpting

question 125

Multiple Choice

Abigail's hobby is sculpting.During the current year,Abigail sold three of her sculptures for a total of $3,200.Her related expenses include $1,500 in utilities,$1,200 in supplies and $900 in depreciation.Of the total expenses incurred,Abigail may deduct

• A)$0.
• B)$1,500 in utilities and $1,200 in supplies.
• C)$1,500 in utilities,$1,200 in supplies,and $500 in depreciation.
• D)$1,500 in utilities,$1,200 in supplies and $900 in depreciation.

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Definitions:

Mexica People

The Mexica people, also known as the Aztecs, were a Nahuatl-speaking indigenous people of the Valley of Mexico who built an extensive empire in central Mexico in the 14th, 15th, and 16th centuries before being conquered by the Spanish.

Cortes

Hernán Cortés, a Spanish conquistador who led an expedition that caused the fall of the Aztec Empire and brought large portions of what is now mainland Mexico under the rule of the King of Castile in the early 16th century.

Malintzin

Also known as La Malinche, she was an Indigenous woman who played a crucial role as an interpreter, advisor, and intermediary for the Spanish conqueror Hernán Cortés during the Spanish conquest of Mexico.

Greater Antilles

The Greater Antilles is a grouping of the larger islands in the Caribbean Sea, including Cuba, Jamaica, Hispaniola (Haiti and the Dominican Republic), and Puerto Rico.