Instructions Part 1: Show the data as a monthly line graph using each year as a...
The accounting records of Stellar Inc. show the following data for 2017 (its first year of operations). 1. Life insurance expense on officers was $8,800. 2. Equipment was acquired in early January for $319,000. Straight-line depreciation over a 5-year life is used, with no salvage value. For tax purposes, Stellar used a 30% rate to calculate depreciation. 3. Interest revenue on State of New York bonds totaled $3,600. 4. Product warranties were estimated to be $54,500 in 2017. Actual repair...
using the information fill out the 1040 tax form 1:9-72 George Large (SSN 000-11-1111) and his wife Marge Large (SSN 000-22-2222) live at 2000 Lakeview Drive, Cleveland, OH 49001 and want you to prepare their 2017 income tax return based on the information below: George Large worked as a salesman for Toyboat, Inc. He received a salary of $80,000 ($8,500 of federal income taxes withheld and $1,800 of state income taxes withheld) plus an expense reimbursement from Toyboat of $5,000...