Apply a bead of glue along one side of center piece of wood (Image 1). Quickly spread glue with a fingertip then lay it flat and butt against right-side piece (Image 2). Apply glue to right side of left piece, spread with fingertip and butt against left side of center piece (Image 3). Make sure edges are lined up.
To figure taxable income, you must value your inventory at the beginning and end of each tax year. To determine the value, you need a method for identifying the items in your inventory and a method for valuing these items.
The extracting B&O tax applies to the value of the products, which is the value of the severed trees prior to any cutting, delimbing, or other manufacturing activity. RCW 82.04.100 Manufacturing: The cutting, delimbing, and measuring of felled, cut, or taken trees is a manufacturing activity. The manufacturing B&O tax applies to the value of the products, which is generally the gross proceeds of sale, whether the manufactured product is sold at retail or wholesale.