Lucinda hes written a new novel and has chosen to self-pubish. Her copyright ensures that no one can legally copy her ne table below shows the demand for Lucenda's novel and her costs of publishing Demand, Costs, and Revenues for Lucinda's Book Harginal Reven (dollars) Price (dallars) $45 40 35 30 25 20 15 Quantity (books) B 4,000 5,00 12,000 16,99 20,000 24,900 $4. 15000 k 10.00 28.00 10.09 0.00 -18.00 Marginal Cast (dollars) $5.00 3.75 5.00 22.00 18.30 32.25 Average Total Cast (dollars) Instruction her your answers as a whole numbr a. How many bocks should Lucencle publish in order to maximize profit? $5.25 S.m 6:25 8.75 12.94
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- keAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false eBook Print Item Exercise 13-16 (Algorithmic) (LO. 4) Samuel and Annamaria are married, file a joint return, and have three qualifying children. In 2021, they earn wages of $32,200 and no other income. Round your intermediate computations and final answer to the nearest dollar. Click here to access the Earned Income Credit and Phaseout Percentages Table. The earned income credit is $ Check My Work 5,311Required information Problem 14-61 (LO 14-5) (Algo) [The following information applies to the questions displayed below.] Alexa owns a condominium near Cocoa Beach in Florida. In 2023, she incurs the following expenses in connection with her condo: AGI Insurance Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation $ 2,500 7,250 2,400 1,650 3,500 15,750 During the year, Alexa rented out the condo for 100 days. She did not use the condo at all for rsonal purposes during the year. Alexa's AGI from all sources other than the rental property is $200,000. Unless otherwise specified, Alexa has no sources of passive income. Problem 14-61 Part a (Algo) Assuming Alexa receives $22,000 in gross rental receipts, answer the following questions: Note: Leave no answer blank. Enter zero if applicable. a. What effect does the rental activity have on her AGI for the year?Be careful when signing a work-for-hire agreement if you are a songwriter. You may lose all rights to your song in the copyright law world. If your song sells thousands on iTunes, you do not get to share in any of the publishing income. If you live in New Jersey and iTunes sold five of your songs for a total of $58,000, what is the tax owed at 8%? Tax owed
- Download Schedule D of 1040, given the following information, complete through part III of Schedule D: Nicholas Jack with social security number 555-25-5566. He has an STCL carryover of $250 from last year. Land was sold for $40,000. The land was received as a property settlement on January 10, 2020, when the land’s FMV amounted to $35,000. His ex-wife’s basis for the land, purchased on January 10, 2004, was $20,500. Marketable securities held as an investment were sold for $25,000. The securities were inherited from his uncle, who died on April 12 of the current year when FMV of the securities was $26,000. The uncle purchased the securities on July 12, 2000, for $10,000.63 Your insured lives in an apartment but takes a temporary position in another city and must store some me for fur fure items in a storage ware apartment is sublet to a friend. Subsequently, the warehouse is broken into and some of your Insured's furniture is stolen. What Would a Tenant OA) The actual cash value or replacement cost of the property stolen less the policy deductible, subject to the 10% limitation on property temporanlite OB Nothing. The loss is not covered. OC The actual cash value or replacement cost of all the personal property stolen, less the policy deductble, subject to the polis Ilimit OD That proportion of the loss which the value of the property at the warehouse bears to the total value of all of his her personal propertye es Required information Problem 14-61 (LO 14-5) (Algo) [The following information applies to the questions displayed below.] Alexa owns a condominium near Cocoa Beach in Florida. In 2023, she incurs the following expenses in connection with her condo: Insurance Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation During the year, Alexa rented out the condo for 100 days. She did not use the condo at all for personal purposes during the year. Alexa's AGI from all sources other than the rental property is $200,000. Unless otherwise specified, Alexa has no sources of passive income. Assuming Alexa receives $22,000 in gross rental receipts, answer the following questions: Note: Leave no answer Bank. Enter zero if applicable. Problem 14-61 Part c (Algo) AGI $ 2,500 7,250 2,400 1,650 3,500 15,750 c. Assuming that Alexa's AGI from other sources is $120,000, what effect does the rental activity have on Alexa's AGI? Alexa makes all decisions with respect to the…
- On 30th of September 2020, Bobby delivered the October edition of a newspaper (with a total store value of $100,000) to a book shop. Legal title remains with Bobby until the bookstore sells a newspaper to the last consumer. The bookstores will start selling the newspaper to its customer on the 1st of October 2020. Any newspaper that remains unsold by the bookstore on the 31st of October 2020 are returned to Bobby. The bookstore will be invoiced by Bobby in November 2020 based on the difference between the number of issues they received and the number they return. Required Should Bobby recognize revenue from the above transaction in the year ended 30th of September 2020?es ! Required information Problem 8-71 (LO 8-4) (Algo) [The following information applies to the questions displayed below.] Julie paid a day care center to watch her two-year-old son while she worked as a computer programmer for a local start- up company. What amount of child and dependent care credit can Julie claim in 2023 in each of the following alternative scenarios? Use Exhibit 8-9. Problem 8-71 Part e (Algo) e. Julie paid $4,300 to the day care center, and her AGI is $14,000 ($2,300 salary and $11,700 unearned income). Child and dependent care creditAnn receives an unsolicited credi card in the mail and tosses it on her desk. Without Ann's permission, her roommate uses the card to spend $1000 on new clothes. Ann is liable for a$1000, b $500, c $50, d$0
- Jessica has a Personal Auto Policy (PAP) providing the following coverages: • Coverage A: 250/500/100 Coverage B: $10,000/person • Coverage C: 150/300 Coverage D: $500 deductible (collision): $500 deductible (comprehensive) Under the following scenario: (1) identify which PAP coverage is at issue (ONLY enter the letter A, B, C, or D); and (2) how much Jessica's insurance company will pay. NOTE: If you believe it is excluded/not covered, enter $0, otherwise, determine the amount and enter the amount with the $, any necessary commas, and no decimal points/cents (e.g., $1,500). Failure to follow these directions will result in answers being marked incorrect. Jessica allows her friend, Chris, to borrow her car to run a quick errand. When Chris is on her way back from the store, she totally misses a stop sign and causes an accident. The other driver's brand new car is totaled, and it had a value of $26,000. Jessica car suffers $2,100 in damages, as well. NOTE: There are 2 different…A Course in Miracles A New Earth MyNeopost ACTIVE | University.. E https://secure.times... Guide to forecastin.. Assum ework i Saved Required information [The following information applies to the questions displayed below] Troy (single) purchased a home in Hopkinton, Massachusetts, on January 1. 2007 for $265.000. He sold the home on January 1.2019, for $291,900. How much gain must Troy recognize on his home sale in each of the following alternative situations? (Leove no answer blank. Enter zero if applicable.) d. Troy rented out the home from January 1, 2007 through December 31, 2014. He lived in the home as his principal residence from January 1. 2015. through December 31, 2015 He rented out the home from January1.2016. through December 31, 2016, and lived in the home as his principal residence from January 1. 2017. through the date of the sale. Assume accumulated depreciation on the home at the time of sale was SO. (Do not round intermediate calculations. Round your final answer to…Required information Problem 6-55 (LO 6-3) (Algo) [The following information applies to the questions displayed below.) Stephanie is 12 years old and often assists neighbors on weekends by babysitting their children. Calculate the 2022 standard deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent). Problem 6-55 Part-b (Algo) b. Stephanie reported $2,625 of earnings from her babysitting. Standard deduction