The AMT preference items are: 1  Depletion. 2  Excess Intangible drilling costs. 3  Interest on private activity bonds. 4  Accelerated depreciation on property placed in service before 1987. 5  Exclusion of gain on qualified small business stock.
The eruption was catastrophic, lasting more than 24 hours. The eruption officially started on the morning of August 24, as molten rock and pumice began to be expelled from Mt. Vesuvius at a rate of 1.5 million tons per second. Copious amounts of rock and volcanic ash filled the atmosphere, turning day into night. It is estimated that about six inches of ash fell every hour.
Mount Vesuvius, a volcano in modern-day Italy, erupted in 79 AD in one of the most catastrophic volcanic eruptions in European history. Historians have learned about the eruption from the eyewitness account of Pliny the Younger, a Roman administrator and poet. The event is the namesake for the Vesuvian type of volcanic eruption. Mount Vesuvius spewed forth a deadly cloud of tephra and gases to a height of 33 kilometres, ejecting molten rock, pulverized pumice and hot ash at the rate of 1.5 milli