XYZ Corporation rented construction equipment in 2018 and 2019, which it used to build a storage facility. The total rent paid for the equipment was $40,000 with $10,000 paid in 2018 and $30,000 paid in 2019. The storage facility was completed in 2019. What amount of rent expense may XYZ Corporation deduct on its 2019 income tax return?
a. $30,000b. None of the answers are correct. c. $40,000d. $10,000

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?