The adjusted trial balance of antoine corporation at december 31 shows that sales revenue for the year was $ 520 comma 000 and other revenue was $ 49 comma 000. cost of goods sold for that same period was $ 280 comma 000, while other expenses totaled $ 210 comma 000. the corporation declared and paid dividends of $ 18 comma 000 during the year. the balance of retained earnings before closing entries was $ 490 comma 000. read the requirements 1. prepare the closing entries for revenues, expenses, and dividends for the year. (record debits first, then credits. exclude explanations from any journal entries.) begin by recording the entry to close out the revenue accounts.

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).