Bozeman sold equipment that it uses in its business for $80,000. bozeman bought the equipment two years ago for $75,000 and has claimed $20,000 of depreciation expense. what is the amount and character of bozeman's gain or loss? $5,000 ordinary gain, and $20,000 §1231 gain. none of the choices are correct. $25,000 capital gain. $20,000 ordinary gain, and $5,000 §1231 gain. $25,000 §1231 gain.

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

Increases in output and increases in the inflation rate have been linked to

Which of the following distribution systems offers speed and reliability when emergency supplies are needed overseas? a. railroadsb. airfreightc. truckingd. pipelinese. waterways