Adjusted gross income (AGI) is a person's total gross income minus specific deductions. So, Florence can deduct an amount of: .5 or 50% of 197130 = 98,565 is the maximum deduction which is less that actual amount given for the charitable contributions.

6 0

3 years ago

Packard Corporation reported pretax book income of $501,400. Included in the computation were favorable temporary differences of

Alik [6]

Answer:

The answer is: The amount of: $ 330,700.

Step-by-step explanation:

Packard Corporation had a pre-tax book income of $ 501,400. Then he has a favorable amount of $ 11,400 that he would therefore add, and unfavorable amounts of $ 101,400 and $ 80,700 that would be subtracted. The current expense or benefit of the corporation's income tax would be: 501,400 + 11,400 - 101,400 - 80,700 = $ 330,700.

The answer is: The amount of: $ 330,700.

5 0

2 years ago

Which type of data is best represented by a bar graph? A. changes in data over time B. parts of a total amount C. data sets with

lesantik [10]

D

Bar graphs are used for comparisons! :)

5 0

3 years ago

Read 2 more answers

A scientist counts 25 bacteria present in a culture and finds that the number of bacteria tripled each hour. the function y=25•3

LUCKY_DIMON [66]

Answer: The answer is 3.5