Many people have argued that an income tax should be "marriage neutral," that is, two people should pay the same total tax whether they are married or they are single. suppose amanda earnsnothing, ben earns $60,000, and cathy and dylan each earn$30,000. they are all single. amanda pays no tax because she has no income. if they all live in a country that has a progressive income tax, which will behigher: the tax that ben pays or the sum of the taxes cathy and dylan pay? a. the tax that ben pays because high-income individuals pay higher income taxes. b.the sum of the taxes cathy and dylan pay because two people always pay more than one, regardless of income. c.since cathy and dylan's income sums to $60,000, these individuals will likely pay the same amount as ben. d.more information is required to determine who pays the higher tax.

Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains.the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available.two-thirds of the work related to $15,000 of cash received in advance was performed this period.the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired.wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?