Lana is a health care executive at a large hospital in Louisville, KY. She is married and has two children in elementary school. Lana's husband, Damon, is a consultant. They are filing their 2018 taxes jointly. Assume Lana's W2 indicates that $11,647 in federal income tax was withheld from her paychecks over the past year, but Damon's income was all reported on 1099s, so he did not have any federal income tax withheld. Their tax from line 11 of the 2018 Form 1040 was $17,024, and they have no other taxes or refundable credits (although they are eligible for the child tax credit). Please report the amount of their refund on line 19 OR the amount they owe from line 22 of the 2018 Form 1040. $ Blank 1. Fill in the blank, read surrounding text.

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?