On September 30 201 XXX Company rented to a tenant a small office space in its Dilapitated Visions Complex. The tenant is not obligated to continue the lease beyond Summer 202 but pays $25000 cash upfront towards the $1000 monthly rent (25 months rent received in advance). This is not a capital lease. Excluding income taxes and the income effects of this rental XXX Company has (GAAP and Tax) income of $111111 in 201 $222222 in 202 and $333333 in 203. The IRS requires rent to be included in taxable income in the year received The income tax rate is a flat 10% for all relevant years. At January 1 201 the balance sheet showed Common Stock of $444444 Retained Earnings of $555555 and zero Accumulated OCI. The only change to Common Stock during these three years was an issuance of $88888 of stock at par value in 202.
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BENCHMARK – EFFECTS OF CHILDHOOD TRAUMA WORKSHEET
Academic Level University Subject Healthcare Type of Paper Other (Not listed) Paper Format APA Assessment Traits Benchmark Requires Lopeswrite Assessment Description Complete the “Effects of Childhood Trauma Worksheet” document attached. While APA format is not Read more…