Barbara's bakery purchased three new assets during the current year. since this is barbara's first year in the bakery business, she chose not to use section 179 to immediately expense the assets and she elected not to use bonus depreciation. she purchased furnishings for $15,000 in april, equipment for $6,000 in july, and a new appliances for $40,000 in november. using the macrs tables with a 7-year recovery period, what is the amount of depreciation that can be taken on these assets in the first year? (use the depreciation tables in the appendix to the chapter to answer the question.)

1. demand terminology complete the following table by selecting the term that matches each definition. definition quantity demanded demand curve demand schedule law of demand a graphical object showing the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at various prices the amount of a good that buyers are willing and able to purchase at a given price a table showing the relationship between the price of a good and the amount that buyers are willing and able to purchase at various prices the claim that, with other things being equal, the quantity demanded of a good falls when the price of that good rises apply your understanding of the previous key terms by completing the following scenario with the appropriate terminology. your coworker becky is really concerned about a project that she has just been assigned. she is in charge of analyzing and determining conditions in the market for televisions from an extensive sales report. if becky's boss is interested in a graphical representation of the relationship between the pric