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For each of the following situations provide the requested amount or amounts. Steven organized a new corporation. The corporation began business on August I of

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For each of the following situations provide the requested amount or amounts. Steven organized a new corporation. The corporation began business on August I of year 1. He made the following expenditures associated with getting the corporation started: Deduction for Shill-up costs Deduction for Organizational costs Organizational costs if Steven started a sole proprietorship instead Assume that Yuri acquires a competitor's assets on May 1st. The purchase price was $5(10,000. Of the amount. $325,000 is allocated to tangihlc assets and $175.0110 is allocated to good will (a $197 intangible asset) What is Yuri s amortization expense for the current year, rounded to the nearest whole number? For each of the following situations provide the requested amount or amounts Bethany files as a head of household. In 2016, she reported $50,000 of taxable income, including a $10,000 Ohmualified dividend. What is her gross tax liability, rounded to the nearest whole dollar amount (use the tax rate schedules) Bethany's gross tax liability Barbara is a qualifying widow in 2016. In 2016, she reported $75,000 of taxable income (all ordinary). What is her gross tax liability using the tax rate schedules? Barbara's gross tax liability Shelley is employed in Texas and recently attended a two-day business conference in New Jersey. Shelley spend the entire time at the conference and documented her expenditures (described below). What amount can Shelley deduct as an employee business expense

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