John was having difficulties making a payment on a loan to a business creditor and the creditor is willing to forgive part of the balance of $250,000 remaining on the loan. Prior to any forgiveness of debt, John listed assets worth $500,000 and liabilities of $550,000. What is the maximum amount the creditor can forgive without John having to recognize any taxable income

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

i would say that they would most likely use a e-mail