True or False Questions A tax lass on the Sale of a deprecible asset used in business of trade may be written oft against income A Pirm's cost of Preffered stock is equal to the preferred dividend by market price plus the Dividend grow th rate (Kp=D/P0+g) The dollar amount of losses incurred when an oldasset is sold below book value is added to the purchase price of a New assit in calaulating the base for depreciation