Weaver industries implements a new share-based compensation plan in 2011. under the plan, the company's ceo and cfo each will receive non-qualified stock options to purchase 100,000, no par shares. the options vest ratably (1/3 of the options each year) over three years, expire in 10 years, and have an exercise (strike) price of $23 per share. weaver uses the black-scholes model to estimate a fair-value per option of $15. (a) use the financial statement effects template to record the compensation expense related to these options for each year 2011 through 2013. use negative signs with answers, when appropriate.

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?