Computing federal income tax payable or (refund). Need this by 12:30 pm. Thanks!

iili/ HAPTER 8 Depreciation, Cost Recovery, Amortization, and Depletion k8 '5"! Cumulative Problems 57. Jzinice Morgan, age 24, is single and has no dependents. She is a freelance writer. Tax Return Problem X 1., ,In January 2015, Janice opened her own office located at 2751 Waldham Road, Pleasant Hill, NM 88135. She called her business Writers Anonymous. Janice is a cash basis tax- payer. She lives at 152 Stone Avenue, Pleasant Hill, NM 88135. Her Social Security num . ber is 12345-6789. Janice's parents continue to provide health insurance for her under gfgcx their policy. Janice wants to contribute to the Presidential Election Campaign Fund. TAX SOFTWARE During 2015, Janice reported the following income and expense items connected with her business. Income from sale of articles $85,000 Rent -.. 12.2\" .1 1 Utilities W\" Supplies 1,800 Insurance V W\" Travel (including meals of $1,200) ' \"We- Janice purchased and placed in service the following fixed assets for Hf'bess. Janice wants to elect immediate expensing under 179. ~ . Furniture and fixtures (new) costing $21,000 on January 10. - Computer equipment (new) costing $12,400.0n July 28. Janice's itemized deductions include: State income tax Home mortgage interest paid to First Bank , ' Property taxes on home i . Charitable contributions Janice did not keep a record of the sales tax table is $437. Janice reports interest in . Janice makes estimated tax Compute Janice Morgan you use tax forms for y' SCheidules A, B, and V an. v.14 . .s 4