Freda is a cash basis taxpayer. in 2019, she negotiated her salary for 2020. her employer offered to pay her $21,000 per month in 2020 for a total of $252,000. freda countered that she would accept $10,000 each month for the 12 months in 2020 and the remaining $132,000 in january 2021. the employer accepted freda’s terms for 2020 and 2021. a. did freda actually or constructively receive $252,000 in 2020? b. what could explain freda’s willingness to spread her salary over a longer period of time? c. in december 2020, after freda had earned the right to collect the $132,000 in 2020, the employer offered $133,000 to freda at that time, rather than $132,00

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?