Mike hansen has adjusted gross income of $28,000. during the year, mike decided he needed a larger home. he purchased a home on a golf course in the same town as his first home. mike incurred $7500 in moving expenses. how much of this can he deduct from adjusted gross income?

As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.