Webster corporation is preparing its cash budget for april. the march 31 cash balance is $36,400. cash receipts are expected to be $641,000 and cash payments for purchases are expected to be $608,500. other cash expenses expected are $27,000 selling and $33,500 general and administrative. the company desires a minimum cash balance at the end of each month of $30,000. if necessary, the company borrows enough cash to meet the minimum using a short-term note. the amount webster must borrow during april is:

In a chapter 7 bankruptcy, a debtor:

Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a: