Magenta company purchased a machine from pink corporation on october 31, 2018. in payment for the $288,000 purchase, magenta issued a one-year installment note to be paid in equal monthly payments of $25,588 at the end of each month. the payments include interest at the rate of 12%. the amount of interest expense that magenta will report in its income statement for the year ended december 31, 2018, is:

(a) $5,760.
(b) $5,533.
(c) $2,559.
(d) $2,880.

Which of the following statements accurately describes how costs and benefits are calculated?

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?

Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?