Benson Park Restoration and Maintenance Company Case Discussion
Order ID:89JHGSJE83839 Style:APA/MLA/Harvard/Chicago Pages:5-10 Instructions:
Benson Park Restoration and Maintenance Company Case Discussion
Question Description
Benson owns the Park Restoration and Maintenance Company (PRMC) and estimates his 2020 income will be about $220,000. Benson bought and placed into service a warehouse costing $650,000 ($50,000 to land) on February 10, 2014. On June 14, 2019 Benson placed $420,000 of computers and peripheral equipment (all 100% business use in business offices).
He placed $810,000 of heavy-duty (over 13,000 pounds unloaded), general purposes trucks (all 100% business use) into service on August 20, 2020. On October 13, 2020, Benson placed $1.970,000 of tools and equipment into service.
Benson would like to take the maximum amount of deductions possible under the current laws (Mordecai and Rigby, his buddies (?) told him about the $179 election, only they called it the 197 elections). Calculate PRMC’s total deductions relating to cost recovery for 2020 providing the maximum deduction allowed (assume Benson/PRMC does not elect to use straight-line depreciation and elects NOT to use Bonus’ depreciation).
Use correct cost recovery methods and amounts as described in your tax textbook and/or IRS/other resources for 2020 (what are $179 limits ??), and take advantage of all elections available (except ones noted above). Assume that no special elections ($179 or Bonus) were taken in prior years. and there are no carryovers from prior years.
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
You Can Also Place the Order at www.collegepaper.us/orders/ordernow or www.crucialessay.com/orders/ordernow Benson Park Restoration and Maintenance Company Case Discussion
Benson Park Restoration and Maintenance Company Case Discussion