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.
Grainger County, Tennessee. Grainger County is a county located in the U.S. state of Tennessee. As of the 2010 census, the population was 22,657. Its county seat is Rutledge. It is renowned for its tomatoes. Grainger County is included in the Knoxville, TN Metropolitan Statistical Area.