Complete 2022 Schedule C for Scott showing Scotts net taxable profit from self-employment.

Scott Butterfield is self-employed as a CPA. He uses the cash method of accounting, and his Social Security number is 644-47-7833. His principal business code is 541211. Scotts CPA practice is located at 678 Third Street, Riverside, CA 92860. Scotts income statement for the year shows the following:

Scott also mentioned the following:

The expenses for dues and subscriptions were his country club membership dues for the year.

$400 of the charitable contributions were made to a political action committee.

Scott does not generate income from the sale of goods and therefore does not record supplies and wages as part of cost of goods sold.

Scott placed a business auto in service on January 1, 2019 and drove it 4,000 miles for business (equally over the course of the year), 3,250 miles for commuting, and 4,500 miles for nonbusiness purposes. No business expenses for the car are included above. Scott wishes to use the standard mileage method. His wife has a car for personal use.

Meals and Entertainment expense includes $2,500 related to golf greens fees for entertaining clients, $1,000 for business meals provided by restaurants, and $900 for the bagels and doughnuts once a month for all employees.

Complete 2022 Schedule C for Scott showing Scotts net taxable profit from self-employment.

Income Statement Scott Butterfield, CPA Income Statement 12/31/2022 REVENUES Tax Services Accounting Services Other Consulting Services TOTAL REVENUES COST OF SERVICES Salaries Payroll Taxes Supplies TOTAL COST OF SERVICES GROSS PROFIT (LOSS) OPERATING EXPENSES Advertising and Promotion Business Licenses and Permits Charitable Contributions Continuing Education Dues and Subscriptions Insurance Meals and Entertainment Office Expense Postage and Delivery Printing and Reproduction Office Rent Travel Utilities TOTAL OPERATING EXPENSES NET INCOME (LOSS) Current Period 1/1/2022 t 12/31/2022 \$ 76,124 49,081 10,095135,300 35,0003,0981,30239,400 95,900 \begin{tabular}{rr} & 250 \\ & 300 \\ 400 \\ 500 \\ 2,800 \\ 900 \\ 4,400 \\ 200 \\ 100 \\ \\ 50 \\ 12,000 \\ 900 \\ 3,000 \\ \hline & 25,800 \\ & \\ \hline & 70,100 \\ \hline$ \end{tabular} Prior Period 1/1/2021 t 12/31/2021 $75,067 48,860 48,86010,115134,042 30,1002,3871,54834,035100,007 \begin{tabular}{rr} 350 \\ & 250 \\ & 275 \\ & 300 \\ & 3,500 \\ & 875 \\ & 5,500 \\ & 150 \\ & 50 \\ & 100 \\ & 14,000 \\ & 865 \\ & 2,978 \\ \hline & 29,193 \\ & \\ \hline$0,814 \\ \hline \hline \end{tabular}