Tom Tom LLC purchased a rental house and land during the current year for $190,000. The purchase price was allocated as follows: $120,000 to the building and $70,000 to the land. The property was placed in service on May 22. Calculate Tom Tom's maximum depreciation for this first year: (Instruction: Round final answer to whole number.) a. $1,926
b. $2,728
c. $3,050
d. $4,319
e. None of these

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?

1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.