Jack's copy shop bought equipment for $150,000 on january 1, 2013. jack estimated the useful life to be 3 years with no salvage value, and the straight-line method of depreciation will be used. on january 1, 2014, jack decides that the business will use the equipment for a total of 5 years. what is the revised depreciation expense for 2014?

Emily spent her summer vacation in buenos aires, argentina, where she got plastic surgery for a fraction of what it would cost in the united states. this is an example of:

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?