<span><span> STEP 1. </span><span><span>x/5+6= 36
STEP 2. x/5 = 30
STEP TRES x= 150</span> </span></span>
Answer: The correct answer is : False
Step-by-step explanation: Jack's year-end risk amount is:
10% loss : $ 60,000 x 10% = $ 6,000
$ 42,000 - $ 6,000 = $ 36,000, this is the value of Jack's year-end risk amount
The amount a taxpayer has at risk is increased by the taxpayer's share of additional recourse debt and decreased by the share of losses from the activity. The at-risk amount is not affected by nonrecourse debt.
$45.00 × .22 = 9.90
$45.00 - 9.90 = $35.10
FINAL ANSWER: $35.00
