Determine the amount of the standard deduction for each of the following taxpayers for tax year 2018: christina, who is single. adrian and carol, who are filing a joint return. their son is blind. peter and elizabeth, who are married and file separate tax returns. elizabeth will itemize her deductions. karen, who earned $1,100 working a part-time job. she can be claimed as a dependent by her parents. rodolfo, who is over 65 and is single. bernard, who is a nonresident alien with u. s. income. manuel, who is 70, and esther, who is 63 and blind, will file a joint return. herman, who is 75 and a qualifying widower with a dependent child.

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

In a chapter 7 bankruptcy, a debtor: