Question

Mike purchases a new heavy duty truck (5-year class recovery property) for his delivery service on March 30, 2019. No other assets were purchased during the year. The truck is not considered a passenger automobile for purposes of the listed property and luxury automobile limitations. The truck has a depreciable basis of $42,000 and an estimated useful life of 5 years. Assume half year convention for tax.

Answer 1

Answer:

The Khoisan were the first inhabitants of southern Africa and one of the earliest distinct groups of Homo sapiens, enduring centuries of gradual dispossession at the hands of every new wave of settlers, including the Bantu, whose descendants make up most of South Africa's black population today.The South African Republic (Dutch: Zuid-Afrikaansche Republiek or ZAR, not to be confused with the much later Republic of South Africa), is often referred to as The Transvaal and sometimes as the Republic of Transvaal.