For 2016, all of the following were deductions from a homeowner's gross income for purposes of federal income taxation EXCEPT
a. mortgage interest on a loan of $750,000.
b. local property tax.
c. mortgage interest on combined first- and second-home loans totaling $935,000.
d. depreciation based on a 39-year schedule.
Answer: d. depreciation based on a 39-year schedule.
Business
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a. true b. false
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Dependence relationships are represented with ________ in a path model
A) two-headed straight arrows B) two-headed curved arrows C) ovals D) boxes E) None of the above
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