Farr, who is single, has no dependents and does not itemize her deductions. she reports the following items on her 2017 tax return: bargain element from the exercise of an iso (no restrictions apply to the stock) $45,000macrs depreciation on shopping mall building acquired in 2013 49,000percentage depletion in excess of property's adjusted basis 50,000taxable income for regular income tax purposes 121,000regular tax liability 26,862b. calculate farr's amt for 2017 by completing the requirements below. click here to access exemption tables. will farr's amt exemption be limited? the tentative exemption of is ▼ at a rate of 25 cents on the dollar when amti exceeds compute farr's amti, amt base taxable income (before standard deduction and personal exemption) and amt if required, round your intermediate computations and final answer to nearest dollar. computation of amti and amt base taxable income (before standard deduction and personal exemption) $131,400 net amt adjustments and tax preferences equals: amti exemption amount amt base amt computation tentative minimum tax less: tax on regular taxable income amt

When someone buys a fourth television for his or her house, what is the result? a. there's a decrease in the marginal utility of the television. b. the increase in demand brings leads to higher prices for televisions. c. the production of televisions becomes more efficient. d. there's a rise in the opportunity cost of buying other goods.

Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years

Jamie lee is reviewing her finances one month later. she has provided the actual amounts paid below. use the cash budget table below to her identify the variances in her budget. each answer must have a value for the assignment to be complete. enter "0" for any unused categories. actual amounts income: monthly expenses: gross monthly salary $2,315 rent obligation $260 net monthly salary $1,740 utilities/electricity $130 savings allocation: utilities/water $10 regular savings $130 utilities/cable tv $155 rainy-day savings $20 food $160 entertainment: gas/maintenance $205 cake decorating class $90 credit card payment $25 movies with friends $50 car insurance $75 clothing $145 budgeted amounts assets: monthly expenses: checking account $1,850 rent obligation $225 emergency fund savings account $4,300 utilities/electricity $75 car $5,200 utilities/water $35 computer & ipad $1,100 utilities/cable tv $120 liabilities: food $115 student loan $6,600 gas/maintenance $95 credit card balance $1,000 credit card payment $45 income: car insurance $45 gross monthly salary $2,155 clothing $45 net monthly salary $1,580 entertainment: savings allocation: cake decorating class $90 regular savings $130 movies with friends $50 rainy day savings $20