$200,000 for use in its business. in 2016 and 2017, respectively, blue took $642 and $5,128 of cost recovery. these amounts were incorrect; blue applied the wrong percentages (i. e., those for 39-year rather than 27.5-year assets). blue should have taken $910 and $7,272 cost recovery in 2016 and 2017, respectively. on january 1, 2018, the asset was sold for $180,000. enter the values for each item below. if required, round all computations to the nearest dollar. click here to access the depreciation tables in the textbook. a. the adjusted basis of the asset at the end of 2017 is $ .

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a. the contractor must submit a standard form 294, subcontracting report for individual contracts. b. the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c. the contractor may submit either an sf 294 or report its subcontracting through esrs. d. the contractor is not required to submit any subcontracting reports.