President Trump has criticized Amazon on many instances for causing the United States Postal Service to lose billions of dollars every year. Below is a recent quote from the president,

“Amazon and other companies like it, they come and they drop all of their mail into a post office,” Trump said in an interview with ‘Fox & Friends.’ “They drop packages into the post office by the thousands and then they say, ‘Here, you deliver them.’ We lose $3 and $4 a package on average. We lose massive amounts of money.”(CNBC, 2020)

From other sites I have gathered the following information. The USPS states

Total operating revenue for USPS in 2019 was roughly $71 billion, $3.9 billion came was received from Amazon alone. The total costs in 2019 were roughly 80 billion .The net reported loss was $8.8 billion (USPS, 2020)¹. Fixed costs for USPS have been over 40 percent of total costs in the past, and possibly increasing significantly due to increasing payments to retirees. Whether or not you agree with the statement by Trump, based on what we have learned about costs in class answer the following questions in your video:

1. Are the USPS’s losses increased or decreased by delivering packages for Amazon?
2. Amazon has discussed building its own airport and internalizing the delivery of its packaging. Explain whether or not this would benefit the USPS and why.

ABC Company forms in 2020. Prior to operations, ABC incurred $75,000 of startup costs. ABC began operations in February 2020.

ABC Company is in the construction business and has to make significant capital expenditures to begin operations. ABC purchased the following capital assets during the year:

Construction Equipment - $1,500,000

Furniture for its offices - $50,000

Computer Equipment - $250,000

ABC rents its office space from an unrelated third party. The rent is $20,000 per month.

If ABC elects to expense assets using § 179 and does not elect the additional first-year depreciation deduction, calculate its total § 179 deduction for the year and carryforward, if any. Compute amortization expense as well.

If ABC elects to take advantage of the additional first-year depreciation (bonus depreciation) calculate its total deduction, and carryforward if any, for depreciation and amortization purposes.

Identify and discuss three factors of the global or world context that influenced the use of acupuncture in the United States

What entities both government and non-government that oversees the governance and adoption of telehealth in the United States?

Why might the stated inflation rate as measured in the United States overstate the true costs of inflation?  

In the United States the SEC provides deposit insurance for $250,000 per person per bank.true or false

Why is abortion such a "hot button" issue in the United States and not necessarily so controversial in other countries

How would they have been seen differently by historians had the United States not won the war?

How is the productivity of the United States compared to other countries in the world? Are we still a leader in productivity?