Gator inc. reported taxable income of $900,000 this year and paid federal income taxes of $189,000. included in the company’s computation of taxable income is gain from the sale of a depreciable asset of $50,500. the income tax basis of the asset was $101,000. the e& p basis of the asset using the alternative depreciation system was $186,500. compute the company’s current e& p. (negative amounts should be indicated with a minus sign.)

answer; ///i believe the correct answer is (c) laissez-faire;

answer$225.00;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.

explanation:

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