A.) Assume Tyler and Candice have adjusted gross income of $119,500 before considering their Social Security benefits, no tax-exempt interest, and $17,925 of Social Security benefits. As a result, ANSWER? of the Social Security benefits are taxable.

B.) On December 30, 2021, Whitney sold a piece of property for $233,000. Her basis in the property was $104,850, and she incurred $2,330 in selling expenses. The buyer paid $11,650 down with the balance payable in $22,135 installments over the next ten years. In addition, the buyer assumed a $34,950 mortgage on the property.

Under the installment sales method, what is the total contract price, the total gain on the sale, and the amount of gain reported in 2021?

Round any division to two decimal places, and use that amount in subsequent computations. If required, round your final answer to the nearest dollar.

Under the installment sales method, the total contract price is 233000, the total gain on the sale is 160770 and the amount of gain reported in 2021 is ANSWER?____

C.) Gaffney Corporation is a wholesale distributor of auto parts and uses the cash method of accounting. The company's sales have been about $8,750,000 per year for the last few years. However, Gaffney has the opportunity to acquire an unincorporated competitor with annual sales of $9,625,000.

Complete the following paragraph regarding the accounting implications of acquiring the competitor.

Gaffney consider the combined gross receipts of both businesses in determining if the average annual gross receipts for the prior three-year period exceed ANSWER? statutory threshold.