Complete Schedule C and Schedule SE for Mr. Crosby.

Thomas Crosby is single and owns and operates his own business, Crosby Roofing. The business is located at 9201 Winters St., Your City, Your State - Your Zip. His SSN is 122-00-7634 and his Employer ID is 54-7654321. Thomas is 31 years old and was born on 11/15/84. He uses the cash method. Mr. Crosby purchases roofing supplies for each specific job or contract and the supplies are used only for that job; no inventory is involved. He doesn't use any area of his home for work-related reasons. Find his business code in the instructions for Schedule C which are included as part of the Reading Assignment for this chapter. Gross Receipts: $65,968 Expenses:

Wages (one employee) $18,781 Personal draw (Thomas) $12,000

Bank charges $237 Professional dues $125

FICA taxes $1,436 Repairs $79

Meals with clients $188 Business license $180

Roofing supplies $16,947 Lawyer fees $375

Advertising $250 Bad debt $475

Building rent $9,200 Office supplies $242

Liability insurance $553

Mr. Crosby drove 6,743 business miles. He drove 300 commuting miles in this year. His truck was purchased 12-08-2012 at the cost of $10,000. He has written evidence of his mileage and a car available for personal use. He elected to use the standard mileage rate for auto expense