Mathematics, 30.07.2019 13:30 bob7220

In august 2016, richard purchased and placed in service an office building costing $753,000, including $134,000 for the land. the amount of depreciation richard may claim in 2016 is i have been trying to figure out the answer but have not been successful. i have looked at different depreciation charts and tempted to figure it out per year. could you assist? i will be forever grateful. if possible can you tell me how figure out the answer?

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Answer from: b4b4b4

There is no depreciation schedule provided along with your question.

Assuming that the question makes us of the Modified Accelerated Cost Recovery System (MACRS), which provides that the useful life for non-residential real property is 39 years. Depreciation is straight line using the mid-month convention.

The mid-month convention means that the month of acquisition is calculated as half month irrespective of the date of acquisition.

Given that Richard purchased and placed in service an office building costing $753,000, including $134,000 for the land in August 2016, the depreciable part is only the building, hence the depreciable cost is given by:

$753,000 - $134,000 = $619,000

The depreciation charge for each year of the estimated life of the building is given by:

$619,000 / 39 = $15,871.79

The depreciable period in 2016 is 4.5 months (i.e. September, October, November and December with August treated as half month).

Therefore, the amount of depreciation Richard may claim in 2016 is given by:

(4.5 / 12) x $15,871.79 = $5,951.92.

Answer from: Quest

step-by-step explanation:

12: 00 p.m. to 7: 00 p.m. is a total of 7 hours.

4: 00 p.m. to 7: 00 p.m. is a total of 3 hours.

this means that from 4: 00 p.m to 7: 00 p.m. this represents 3/7 of what was lost from 12: 00 p.m. to 7: 00 p.m.

after knowing this, after doing 11,600 - 6,800 = 4,800

4,800 represents 3/7 of what was lost for 7 hours.

we then divide 4,800 by 3 which gets 1,600.

because we know that 1,600 represents 1/7 of how much water was lost, we just have to multiply by 7, which gets 11,200. after adding 11,200 to how much water was left at 7: 00 p.m. which was 6,800. 11,200 + 6,800 = 18,000

this means that the pool originally had 18,000 gallons in the pool.

you can also check your work by doing 18,000 - 4(1600), which becomes 1800 - 6400 which gets you 11,600.

Answer from: Quest

the correct answer is

c. 4

step-by-step explanation:

the given polynomial is

$-4x^4$

the degree of the polynomial is the highest exponent which is 4.

the -4 is called the leading coefficient.

this polynomial has only one term so it is a monomial.

the correct answer is option c.

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