Ingram Industries is considering two alternative new machines. Machine 1 would generate revenue of $70,000, have variable costs of $42,000, and have fixed costs of $14,000. Machine 2 would generate revenue of $84,000, have variable costs of $42,000, and have fixed costs of $22,400. What is the incremental net income between the two machine options

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?

3. why would the sale of counterfeit products through its sites be damaging to alibaba?