In 2017, abakada corporation entered into a lease agreement with abc corporation with the following terms: annual rent of office building p 2,100,000 annual rent of warehouse 4,200,000 real property taxes for 2017 225,000 cost of leasehold improvement 1,500,000 estimated useful life - 10 years lease term - 5 years additional information: abakada corporation paid local taxes and licenses of p83,500 for the year. import duties paid for the year - p75,000 quarterly income tax payments (1st to 3rd quarter) - p210,000 1. the amount of deductible rent expense is: select one: a. p0 b. p2,100,000 c. p4,200,000 d. p6,300,000 2. the amount of deductible taxes is: select one: a. p75,000 b. p83,500 c. p383,500 d. p225,000

answer: in july 1862

explanation: during the american civil war, president abraham lincoln and congress passed the revenue act of 1862, creating the office of commissioner of internal revenue and enacting a temporary income tax to pay war expenses. the revenue act of 1862 was passed as an emergency and temporary war-time tax.

answer:

you should learn to recognize these eight warning signs for drowsy driving:

you keep yawning.

you are unable to keep your eyes open.

you catch yourself “nodding off” and have trouble keeping your head up.

you can’t remember driving the last few miles.

you end up too close to cars in front of you.

you miss road signs or drive past your turn.

you drift into the other lane of traffic.

you drift onto the “rumble strip” or onto the shoulder of the road.