A machine cost $1,200,000, has annual depreciation of $200,0…
A machine cost $1,200,000, has annual depreciation of $200,000, and has accumulated depreciation of $950,000 on December 31, 2025. On January 1, 2026, when the machine has a fair value of $275,000, it is exchanged for a machine with a fair value of $1,350,000 and the proper amount of cash is paid. The exchange had commercial substance. The gain to be recorded on the exchange is
Read Details“When a schedule is based upon number of responses, the beha…
“When a schedule is based upon number of responses, the behavior may be “lost”; that is, the preceding schedules have not provided for a sufficient number of responses to produce the reinforcements needed for further maintenance of the behavior.” (Skinner) This behavior effect is also know as;
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