Several years ago, nicolas, a timber dealer, purchased a tract of land with a substantial stand of trees on it. the land cost $8,000, and the timber cost $250,000. on the first day of 2018, the timber was appraised at $325,000. in august 2018, nicolas cut the timber and sold it for $360,000. nicolas elects to treat the cutting as a sale or exchange under § 1231.

as a result, nicolas has a $ § 1231 gain and a $ ordinary gain.

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a. anne is a qualifying child of catherine. b.anne is not a qualifying child of catherine because she fails the gross income test. c.anne is not a qualifying child of catherine because she fails the residence test. d.anne is not a qualifying child of catherine because she fails the support test.

Which ranks these careers that employers are most likely to hire from the least to the greatest?

Acountry has reached a level of economic development where the manufacturing of both semidurable and nondurable consumer goods has just begun. also, the goods demanded relate to equipment and supplies to support manufacturing. in which stage of rostow’s five-stage model of economic growth does the country fit?