#B Carmin Kovach is single and has two children from her previous marriage. Anil-ca. 9. lives with Carminjulius. 11. lives with his father. Ray. Carmin pays alimony of $400 per month to Ray. The payments are to continue until julius reaches age 19. when they will be reduced to $100. Carrnin is 34 and employed as a nuclear engineer with Atom Systems Consultants. inc. lASCil. Her annual salary is $00,000. and ASCI has an extensive fringe benets program for its employees. ASCl has a qualied pension plan that covers all employees. Under the plan. ASCI matches any contribution to the plan up to 3% of the employee's annual salary. Can'nin maices the maximum allowable contribution of $0.400. and it is matched by ASCI. ASCI provides medical coverage to all employees but not to their dependents. Carmin's medical coverage costs ASCI $3.000 during the current year. She receives $900 in reimbursements for her medical costs. ASCI also provides employeeswith a flexible benets plan. Cannin pays $2.500 into the plan. She uses $2.400 to purchase medical coverage for Anika. Her medical. dentalr and optometry costs not covered by insurance total $1.900; the exible benets plan reimburses her $100 for these costs. ASCI also provides employees with group term life insurance oftwice their annual salary. up to a maximum coverage of $150,000. Carmin's group term life insurance premiums cost $400. Because of the sensitive and sometimes dangerous nature of herworlc. ASCl also provides Carmin with a $300,000 whole life insulance policy. The whole life insurance policy costs $490. Taking advantage of ASCI's educational assistance program. during the fall Carmin enrolls in two law school classes at a local university. ASE! pays her tuition. fees. books. and other courserelated costs totaling $2.300. Carmin also receives certain other fringe benets not available to all employees. She receives free parking in the company's security garage that would normally cost $290 per month. In addition. ASE! pays the $1.000 cost of her nuclear engineer's license and $000 per year in professional association dues and professional magazine subscriptions. ASCi also pays Carmin's $900 dues to a health club that is located in the same building as her office. Carmin routinely enters sweepstakes contests. This yearr she is notied that she has won $5.000 in a breakfast cereal promotion. The prize is to be paid equally over 10 years. She receives the first payment December 20. although she doesn't deposit the check in her checking account until january 3. In February. Carmin's father dies. Social Security pays her $000 as a survivor's benet. She also receives stock valued at $30,000 and her father's house. which has a value of $90,000. as her share of her father's estate. Carmin rents out her father's house on August 1. The monthly rent is $400. and the lease agreement is for one year. The lease requires the tenant to pay the first and last months' rent and a $400 security deposit. The security deposit is to be returned at the end of the lease if the property is in good condition. On August 1. Carmin receives $1.200 from the tenant per the terms of the lease agreement. In November. the plumbing freezes and several lines burst. The tenant has the repairs made and pays the $300 bill. in December. he reduces his rental payment to $100 to compensate for the plumbing repairs. Carmin pays other deductible costs for the rental that total $2.000. The allowable depreciation on the rental house is $1.000. Carmin