ABC Company budgeted its activity for October 2018 from the following information: Sales are budgeted at $560,000. All sales are credit sales and a provision for doubtful accounts is made monthly at the rate of 3% of sales. Merchandise inventory was $11,000 at September 30, 2018, and an increase of $15,000 is planned for the month. All merchandise is marked up to sell at invoice cost plus 30%. Estimated cash disbursements for selling and administrative expenses for the month are $85,000. Depreciation for the month is projected at $25,000. Its projecting operating income for October 2018 is:

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills. what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i. e, his fifth year, not his junior year).