Ashburn Reported a $105,000 Net §1231 Gain in Year 6

question 67

Multiple Choice

Ashburn reported a $105,000 net §1231 gain in year 6. Assuming Ashburn reported $60,000 of nonrecaptured §1231 losses during years 1-5, what amount of Ashburn's net §1231 gain for year 6, if any, is treated as ordinary income?

• A) $0.
• B) $45,000.
• C) $60,000.
• D) $105,000.
• E) None of the choices are correct.

Discern the significance of specific theories such as drive-reduction theory in explaining motivated behaviors.

Identify various motivational strategies and their psychological underpinnings.

Understand the concept of locus of control and how it influences perceptions of intelligence.

Recognize the different types of needs and their impact on motivation and behavior.

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Definitions:

Hypothesis

A conjectural statement of the relation between two or more variables. Some hypotheses are explicitly causal in nature, whereas others are noncausal.

Need for Cognition

A personality trait representing the tendency of an individual to engage in and enjoy effortful cognitive activities.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability.

Fear Arousals

The emotional response triggered by perceived threats, often used in persuasive communication to motivate behavior change by highlighting potential dangers.