Income Statement Wayne Corporation had the following revenue and expense account balances (in millions) for a recent year ending May 31: Depreciation Expense $1,530 Fuel Expense 5,340 Maintenance and Repairs Expense 2,601 Other Expense 8,262 Provision for Income Taxes 1,331 Purchased Transportation 1,989 Rentals and Landing Fees 2,892 Revenues 40,851 Salaries and Employee Benefits 14,581 Prepare an income statement.

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).