Cloclowat1865
22.06.2019 •
Business
Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?
Solved
Show answers
More tips
Answers on questions: Business
- B Business If someone is dumb and someone is dumber who the dumbest.goodluck...
- B Business In Cuba, a bureaucratic committee makes the production decisions for the country s firms and factories. Therefore, Cuba is an example of a: . A. centralized economy....
- B Business Pawtucket furniture purchased land, paying $60000 cash and signing a 300000 note payable. In addition, Pawtucket paid delinquent property tax of $4,500, title insurance...
- B Business When preferred stock is cumulative, preferred dividends not declared in a period are considered a liability. called dividends in arrears. never paid. distributions...
- B Business An analyst has modeled the stock of Crisp Trucking using a two-factor APT model. The risk- free rate is 6%, the expected return on the first factor r1 is 12%, and...
- B Business Which is not a component of the career poster project A. SkillsB. EducationC. SkillsD. Pathway...
- B Business focuses on researching, gathering , organizing, and sharing data to improve productivity A. Software suits B. Information management C. Computer databases D. Knowledge...
- B Business When you are torn between letting a product of marginal quality go to the customer because if you don’t you won’t get your monthly productivity bonus, what are...
- B Business Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2017 is available for Second Chance. Time Charges Material Loading...
- B Business When the coupon rate on newly issued bonds relative to older, outstanding bonds, the market price of the older bond (A) increases; falls in the primary market decreases;(B)...
Ответ:
B.) $441,400
Explanation:
The ending balance in the Property, Plant and Equipment (net) account will be closest to:
The PP&E (net) is the Property, Plant and Equipment net of depreciation.
The sum of the capital balance and capital expenditure during the year, Less the Depreciation during the year.
Opening balance + Capital expenditure during the year - depreciation during the year = $(505,400 + 0 - 64,000) = $441,400