A dual banking system refers to the U.S in which banks supervised by the federal government and banks operated by the states are operated side by side. <span />
I would say C is the answer bc that’s would i would do in that situation.
Answer:
A. $287,000
B. $192,050
Explanation:
a. Based on the information givenwe were told that company ABC had net income of the amount of $287,000 after deducting Robert's salary of the amount of $86,100 which therefore means that ROBERT'S QUALIFIED BUSINESS INCOME will be the amount of $287,000.
b. Calculation to determine whether your answer to part (a) would change if you determined that reasonable compensation for someone with Robert's experience and responsibilities is $181,050
Based on the information given the amount of $192,050 will be the additional amount of salary that can be deducted which is Calculated as:
=[$287,000 - ($181,050-$86,100)]
=$287,000-$94,950
=$192,050
It's a special privilege (<span>freedom or immunity)</span> granted to an individual or a group.
Hope this helps !
Photon
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