Business, 11.09.2019 01:30 alejandra1201

1. rachel is a limited partner in starship partners. in 2018, starship reported that rachel's share of dividend income was $3,700 and her share of municipal interest was $2,750. early in 2018, rachel found a bundle of $100 bills in the alley outside his apartment. when no one claimed the money, the cash (a total of $2,400) was returned to rachel. finally, rachel earned salary of $42,000 but almost $6,500 was withheld for income taxes and fica tax. compute rachel's 2018 (a) realized income and (b) recognized income. if there is a difference between realized and recognized income, explain why.

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1. rachel is a limited partner in starship partners. in 2018, starship reported that rachel's share...

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