26. Abby, a cash basis taxpayer, is paid an annual salary of $250,000 plus a percentage of net profits. The additional compensation for 2020 was $50,000. This sum is payable to her on February 9, 2021 after the annual audit had been completed. However, a tentative credit of $10,000 was entered to her drawing account on December 1, 2020 and was immediately available to her. Abby comes to your office and asks you how much compensation must be included in her gross income for 2020. What will you tell her? Why? 27. Judd Harrison owns 200 shares of stock in the Widget Company for which he paid $1,600 in 1999. The board of directors of the company decided to pay a 10 percent stock dividend in April 2020, for which Judd received 20 shares of stock. Was this a taxable stock dividend? Explain. 28. During the year Mindy invested in 10 shares of Haas Corporation and 20 shares of Transmission Inc. Both companies have a history of paying dividends. Mindy told her broker that when the dividend check arrives deposit it directly into her daughter Kayla's account. This year Mindy received a dividend check for $1,000 on her two stocks. What amount of dividend income must Mindy report on her tax return and what amount must Kayla report