Prepare an M-1 reconciliation for MDC Corporation (for tax year 2019) using the following data: Net income per books (after tax) 700,000 Federal income tax per books 150,000 Excess of capital losses over capital gains 100,000 Dividend income (MDC owns 1% of the paying corporation) 150,000 Marketing expense 80,000 Meals expense (total amount) 28,000 Tax-exempt interest income (private activity bond) 9,000 Book (GAAP) depreciation in excess of tax (MACRS) deprecation 250,000

Paying attention to the purpose of her speech, which questions can she eliminate? a. 1 and 2 b. 3 c. 2 and 4 d. 1-4

Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw $35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32

Ahospital purchases a $500,000 magnetic resonance imaging (mri) machine that has a useful life of 9 years. the salvage value at the end of 9 years is $77,000. (a) write a linear equation that describes the value y (in dollars) of the mri machine in terms of the time t (in years), 0 ≤ t ≤ 9. (b) find the value, in dollars, of the machine after 6 years. $ (c) find the time, in years, when the value of the equipment will be $140,000. (round your answer to two decimal places.) yr