*entrepreneurship*

QUESTION 4 20 points Sovet Antwer Mr.X believes that he is an accredited investor and can make an investment in a firm which will gamer him an Angel Tax Credit on his income tax return. Mr.X is not married and last year made $190,000 in salary and will make $205,000 in salary this year. Mr X also has 51.4 million in cash savings and securities and owns a home valued at $450,000 and subject to a $300,000 mortgage. According to IRS Rule 501 of Regulation Dis Mr.X considered an accredited investor for the purposes of the Angel Tax Credit? Please explain the reasoning as to why you answered yes or no. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). US Paragraph Arial 10pt A 2 TR % OG Q6 Ex X, 93 TTT + TT " S2 . 03 + ) V V 3. 3 V ? O WORDS POWERED BY TINY San Al Antwer Save and Submit