Bcs corporation is a calendar-year, accrual-method taxpayer. bcs was formed and started its business activities on january 1, year 0. it reported the following information for year 0. indicate bcs's deductible amount for year 0 in each of the following alternative scenarios. (leave no answers blank. enter zero if applicable.) b. bcs accrued an expense for $50,000 for amounts it anticipated it would be required to pay under the workers' compensation act. during year 0, bcs actually paid $10,000 for workers' compensation–related liabilities.

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?