A review of Corps tax returns shows the following taxable income: history

$\backslash$table$[[2022,25,000],[2021,24,000],[2020,23,000],[2019,22,000],[2018,21,000],[2017,20,000]]$

In $2023,$ C Corp has an operating loss of $$120,000$

In $2024,$ C Corp has net income of $$50,000$

How, if any, does the $2023$ loss get utilized?

$5.$ Compute the tax liability of $C$ Corp if its taxable income is

$$,150,000$$$435,000,$$$16,000,000$

$6.$ New C Corp started business on July $1,2023.$ It incurred organization expenses of $$5,000$ and start up costs of $$54,500.$ Assuming that $C$ Corp wishes to minimize tax liability for $2023,$ how will it treat these items.

FOR QUESTIONS $7-10,$ ASSUME THAT C CORP DOES NOT WANT TO PAY ANY MORE THAN NECESSARY ANY EARLIER THAN REQUIRED

$7.$ C Corp has taxable income of $$100,000($ $$21,000$ tax liability$)$ in $2023.$ What are its estimated tax payment obligations for $2024?$ Assume that the company expects to have taxable income of $$200,000$ in $2024.$

$8.$ C Corp has taxable income of tax liability$)$ in $2023.$ What are its estimated tax payment obligations for $2024?$ Assume that the company expects to have taxable income of $$800,000($and tax liability of $$168,000)$ in $2024.$

$9.$ C Corp has taxable income of $$1,500,000($ $$315,000$ tax liability$)$ in $2023.$ What are its estimated tax payment obligations for $2024?$ Assume that the company expects to have taxable income of $$2,000,000($and tax liability of $$420,000)$ in $2024.$

$10.$ Refer to question $9-$ The Corp expects the $$2,000,000$ to be earned as follows: $1^{st}$ Qtr $$400,000$;$2^{nd}Qtr$$$400,000,$;$3^{rd}$ Qtr $$400,000$;$4^{th}$ Qtr $$800,000.$ What are its estimated tax payment obligations for $2024?$

An analysis of the allowance for bad debt account shows?

Beginning balsnce $111/2023$

Charges off diaring year

Addition to the account at year end for estimated uncoliactible accounts

Ending balance

Meals

Entertainntent

Country club dues $-$ club used $100\%$ for businass

$(6,000)$

$\frac{8\mathrm{.}000}{12,000}$

$2,000$

$1,000$

$400$

$200$

$5,000$

$1,000$

Corp has some temporary investments that pay dividends. Compute taxable income in the following situations:

$\backslash$table$[[,490,000,490,000,490,000],[$Revenues from operations,$10,000,10,000,10,000],[$Dividend income,$400,000,495,000,496,000],[$Expenses from operations,,,$]]$

Expenses from operations

$400,000$

$495,000$

$496,000$

A review of Corps tax returns shows the following capital gain history:

$\backslash$table$[[2022,5,000],[2021,4,000],[2020,3,000],[2019,2,000],[2018,1,000]]$

In $2023,$ C Corp has a capital loss of $$15,000-$ What does C Corp do$?$