Golden Corporation is an eligible small business for purposes of the disabled access credit. During the year, Golden makes the following expenditures on a structure originally placed in service in 1988: $\begin{array}{ll}
\text { Removal of architectural barriers } & \$ 8,500 \
\text { Acquired equipment for disabled persons } & \underline{6,250} \
&\$ 14,750
\end{array}$
In addition, Golden expended $8,000 on a building originally placed in service in the current year to ensure easy accessibility by disabled individuals. Calculate the amount of the disabled access credit available to Golden.

Question

Golden Corporation is an eligible small business for purposes of the disabled access credit. During the year, Golden makes the following expenditures on a structure originally placed in service in 1988: $\begin{array}{ll}
\text { Removal of architectural barriers } & \$ 8,500 \
\text { Acquired equipment for disabled persons } & \underline{6,250} \
&\$ 14,750
\end{array}$
 In addition, Golden expended $8,000 on a building originally placed in service in the current year to ensure easy accessibility by disabled individuals. Calculate the amount of the disabled access credit available to Golden.

Quizplus · Accepted Answer

The Answer of Golden Corporation is an eligible small business for purposes of the disabled access credit. During the year, Golden makes the following expenditures on a structure originally placed in service in 1988: $\begin{array}{ll}
\text { Removal of architectural barriers } & \$ 8,500 \
\text { Acquired equipment for disabled persons } & \underline{6,250} \
&\$ 14,750
\end{array}$
 In addition, Golden expended $8,000 on a building originally placed in service in the current year to ensure easy accessibility by disabled individuals. Calculate the amount of the disabled access credit available to Golden.

Golden Corporation Is an Eligible Small Business for Purposes of the Disabled