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.
Sponsored Topics. Hornbeak is a town in Obion County, Tennessee, United States. The population was 435 as of the 2000 census. It is part of the Union City, TNâKY Micropolitan Statistical Area. Hornbeak is located at 36Â°20â²2â³N 89Â°17â²57â³W / 36.33389Â°N 89.29917Â°W / 36.33389; -89.29917 (36.333879, -89.299292).