Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Aug 2017 My Price 6.00

Harold conducts

43.              Harold conducts a business with the following results for the year:

 

Revenue

$20,000

Depreciation  on car

3,960

Operating  expenses  of car

3,100

Rent

6,000

Wages

8,200

Amortization  of intangibles

680

Harold estimates that due to a depressed real estate market, the value of land owned by the business declined by $5,200.

a.      Calculate the effect of Harold’s business on his AGI.

b.     How would your answer in part (a) change if the activity was a hobby?

Answers

(5)
Status NEW Posted 24 Aug 2017 08:08 PM My Price 6.00

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