Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. in april 2014, emma acquired a machine for $60,000

in april 2014, emma acquired a machine for $60,000 for use in her business. the...

70.2K

Verified Solution

Question

Accounting

in april 2014, emma acquired a machine for $60,000 for use in her business. the machine is classified as 7-year property. emma does not expense the asset under Sec. 179. emma's depreciation on the machine this year is

a. $30,000

b.$6,428

c.$8,574

d. $60,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1. Which of the following statements is (are) correct? (x) Primary markets provide a forum in...

Finance
Q

Briefly describe how the intrinsic excitability (i.e. NaVs & KVs) of a neuron determines its action potential...

Medical Sciences
Q

The enthalpy of fusion of titanium is 20.9 kJ/mol. How many grams of titanium can be...

Chemistry
Q

32 A ring is made of a wire having a resistance R 1202 Find the...

Physics
Q

reproduce O stabilizing directional disruptive es for an extreme type are more likely to survive...

Geometry
Q

Suppose that the origin on a computer screen is in the lower left corner of...

Geometry
Q

Solve the following inequality y 2 6 1 Graph

Basic Math
Q

The probability that a car has a certain factory defect is 8/25 The probability that...

Statistics
Q

In 2018 , Amber Corporation reported $300 million in sales, $24 million in net income,...

Accounting
Q

i wanna know the answers for these questions and the explanations as well (ex.why the...

Accounting
Q

Explain all the parties on a promissory note, including an indorser, and the liability each...

Accounting
Q

Problem 4 (want typed answer in 10min otherwise skip) how the balanced Scorecard concept and...

Accounting