42-43. For the following independent situation for an individual taxpayer. Item Use (Personal or Business) Business Basis $25,000 FMV before the casualty $17,000 FMV after the casualty None Adjusted gross income (before any allowable casualty loss) $50,000 Insurance proceeds $10,000 42. The starting point for the calculation of the loss deduction is:

Which of the following results from outsourcing jobs from the united states to other countries? a. increasing exports out the united states. b. lower wages for u. s. workers. c. reduced immigration to the united states. d. subsidies for goods made in the united states. 2b2t

The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?