Equipment. 1  Equipment qualifying as a capital asset is defined as a single item with an acquisition cost of $5,000 or more and has a useful life beyond one year. 2  Freight, import duties, handling and storage costs. 3  Specific in-transit insurance charges. 4  Sales, use and other taxes imposed on the purchase.
Greenback, Tennessee. Greenback is a city in Loudon County, Tennessee, United States. Its population was at 1,064, according to the 2010 census. It is included in the Knoxville Metropolitan Statistical Area.
GREENBACK VOLUNTEER. FIRE DEPARTMENT. Greenback Fire Department was started in 1963 as a subscription based department. Greenback Fire started out with a 1948 Ford Pumper with a 250 gpm pump with a 1200 gallon tank. This was all that the department had until January 1972 when we started adding to the fleet.