Exercise 4-22 (Algorithmic) (L0.3) Simba and Zola are married but file separate returns. Simba received $22,000 of salary and $19,700 of taxable dividends on stock he purchased in his name and paid from the salary he earned since the marriage. Zola collected $200 in taxable interest on a certificate of deposit she inherited from her aunt Compute Zola's gross income under two assumptions as to the state of residency of the couple If an amount is zero, enter"$0". Idaho (Community Property State) South Carolina (Common Law State) Dividends Interest Salary Problem 4-32 (b) (LO. 2) Brad operates a hardware store. He maintains the books using the cash method. At the end of 2020, his accountant computes his accrual basis income that is used on his tax return. For 2020, Brad had cash receipts of $2,200,000, which included $750,000 collected on accounts receivable from 2019 sales. At the end of 2020, he had $910,000 in accounts receivable from customers, all from 2020 sales. Brad paid cash for all of the purchases. The total amount he paid for merchandise in 2020 was $1,100,000. At the end of 2019, he had merchandise on hand with a cost of $165,000. At the end of 2020, the cost of merchandise on hand was $140,000 Brad's accrual basis gross receipts for 2020 are s The cost of goods sold for 2020 under the accrual method is s The gross profit from merchandise sales for 2020 under the accrual basis is