Kuo Corporation Uses the Following Assets in Its Business in 2013

question 89

Essay

Kuo Corporation uses the following assets in its business in 2013:
$$\begin{array} { l l c c c } \text { Asset } & \text { Date Purchased } & \text { Cost } & \text { MACRS Life } & \text { ADS Life } \\\text { Building } & 5 - 12 - 2008 & \$ 400,000 & 39 \mathrm { yr } & 40 \mathrm { yr } \\\text { Furniture } & 6 - 19 - 2011 & 15,000 & 7 \mathrm { yr } & 10 \mathrm { yr } \\\text { Equipment } & 6 - 15 - 2009 \text { (sold 9-9-13) } & 10,000 & 7 \mathrm { yr } & 10 \mathrm { yr } \\\text { Truck } & 7 - 1 - 2010 & 30,000 & 5 \mathrm { yr } & 5 \mathrm { yr } \\\text { Computer } & 12 - 24 - 2010 & 30,000 & 5 \mathrm { yr } & 5 \mathrm { yr }\end{array}$$
Assume Kuo Corporation does not utilize Sec 179 expense,has not disposed of any asset since 2001,elects out of bonus depreciation,and has never expensed an asset previously.The equipment was sold on 9-9-13 for $4,000.
What is Kuo's 2013 depreciation expense using MACRS and for ADS?
$\begin{array}{llcc}& 2013 \text { MACRS }& 2013 \text { ADS } \\ \text {Building } & \underline {\quad\quad\quad\quad\quad\quad } & \underline {\quad\quad\quad\quad\quad\quad } \\ \text { Furniture } & \underline {\quad\quad\quad\quad\quad\quad } & \underline {\quad\quad\quad\quad\quad\quad } \\ \text {Equipment } & \underline {\quad\quad\quad\quad\quad\quad } & \underline {\quad\quad\quad\quad\quad\quad } \\ \text { Truck } & \underline {\quad\quad\quad\quad\quad\quad } & \underline {\quad\quad\quad\quad\quad\quad } \\ \text { Computer } & \underline {\quad\quad\quad\quad\quad\quad } & \underline {\quad\quad\quad\quad\quad\quad } \\\end{array}$

Acknowledge the role of societal, familial, and individual factors in the onset of eating disorders.

Understand the relationship between body image concerns, control issues, and eating disorders.

Recognize the impact of dieting and restrictive eating patterns on the risk of developing eating disorders.

Identify the medical complications associated with anorexia nervosa and bulimia nervosa.

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Definitions:

Nectar

A sweet liquid produced by plants, serving as an attractant for pollinators such as bees and hummingbirds.

Stotting Behavior

A jumping behavior seen in various ungulates, where they spring into the air to signal to predators their fitness and difficulty as prey.

Thomson's Gazelle

A swift and graceful antelope found in the savannas of Africa, known for its speed and agility.

Alarm Signal Hypothesis

The theory that certain behaviors or signals are evolved to alert conspecifics to the presence of a predator or danger, enhancing survival.