Explain why the taxpayer in each of the following situations either does or does not have taxable income and determine the amount, if any, that the taxpayer would have to recognize. e. Helen invests $10,000 for a 25% interest in Lockport Landscaping, an S corporation, on January 1, 2017. During 2017, Lockport pays Helen $45,000 in wages for her services as the general manager and $2,000 in cash dividends on her stock. Lockport reports a 2017 net income of $80,000. f. Amber wins $10,000 in the state lottery from a ticket given to her by her cousin, Beverly. g. On December 1, 2017, Tomlin, a cash basis taxpayer, bills a customer $5,000 for services rendered throughout 2017. The customer comes to Tomlin's office on December 30, 2017, and offers to pay him the $5,000 amount owed. Tomlin suggests that the customer mail the check to him so he could see how quickly the post office could get the check to him through the mail. The post office delivers the check to Tomlin on January 10, 2018. Tomlin promptly deposits the check in the bank. h. Bud is an accountant for Big Oil Company. In his spare time, Bud collects unique beer cans and bottles. During a party at his house, one of his friends tells him that his can of Billy Beer is a hot item in the professional collector's market. Bud investigates and instead of selling the Billy Beer, he trades the can of Billy Beer for a bottle of Leinenkugles beer