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.
Pickett County is a county located in the U.S. state of Tennessee. As of the 2010 census, the population was 5,077, making it the least populous county in Tennessee. Its county seat is Byrdstown. The city of Byrdstown and the Kentucky town of Albany, 11 miles (18 km) to the northeast, are positioned between two Army Corps of Engineers lakes: Dale Hollow Lake, mainly in Tennessee, and Lake Cumberland, in Kentucky.