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HPA 14 Home Assignment for Monday September 23, 2019 1. Page 81 Chapter Questions 3.5, 3.9 2. Problem: Assume that Jessie De Leon, who pays

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HPA 14 Home Assignment for Monday September 23, 2019 1. Page 81 Chapter Questions 3.5, 3.9 2. Problem: Assume that Jessie De Leon, who pays 40% in Federal and State income taxes plans to contribute $100,000 to not-for-profit Hempstead Community Hospital. Without the contribution his tax bill is $500,000. What would be his tax bill if he makes the contribution? PLEASE SHOW ALL WORK TO ARRIVE AT YOUR ANSWER. (calculations can be hand written; legibly)

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