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k. The drunk driver who hit Diana in part (j) was required to pay her $2,300 medical costs, $1,800 for the emotional trauma she suffered

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k. The drunk driver who hit Diana in part (j) was required to pay her $2,300 medical costs, $1,800 for the emotional trauma she suffered from the accident, and $5,600 for punitive damages. 1. For meeting her performance goals this year, Diana was informed on December 27 that she would receive a $5,300 year-end bonus. DI (located in Houston, Texas) mailed Diana's bonus check from its payroll processing center (Tampa. Florida) on December 28. Diana didn't receive the check at home until January 2. n. Ryan is a 10 percent owner of MNO Incorporated, a Subchapter S corporation. The company reported ordinary business income for the year of $98,000. Ryan acquired the MNO stock two years ago. n. Ryan's day care business collected $50,000 in revenues. In addition, customers owed him $4,500 at year-end. During the year, Ryan spent $7,000 for supplies, $3,000 for utilities, $18,000 for rent, and $650 for miscellaneous expenses. One customer gave him use of their vacation home for a week (worth $4,000 ) in exchange for Ryan allowing their child to attend the day care center free of charge. Ryan accounts for his business activities using the cash method of accounting o. Diana's employer pays the couple's annual health insurance premiums of $7,000 for a qualified plan. prehensive Problem 5-77 Part 2 (Algo) mplete page 1 of Form 1040 through line 9 and Schedule 1 for the Workmans (for filing MFJ). Input all the values as positive numbers. Enter any non-financial information, (e.g. Names, Addresses, social security ers) EXACTLY as they appear in any given information or Problem Statement. Do not skip rows, while entering in Deductio of Form 1040 PG1. Assume the dividends are qualified dividends. Neither Ryan nor Diana wish to contribute to the lential Election Campaign fund or had any virtual currency transactions or interests. k. The drunk driver who hit Diana in part (j) was required to pay her $2,300 medical costs, $1,800 for the emotional trauma she suffered from the accident, and $5,600 for punitive damages. 1. For meeting her performance goals this year, Diana was informed on December 27 that she would receive a $5,300 year-end bonus. DI (located in Houston, Texas) mailed Diana's bonus check from its payroll processing center (Tampa. Florida) on December 28. Diana didn't receive the check at home until January 2. n. Ryan is a 10 percent owner of MNO Incorporated, a Subchapter S corporation. The company reported ordinary business income for the year of $98,000. Ryan acquired the MNO stock two years ago. n. Ryan's day care business collected $50,000 in revenues. In addition, customers owed him $4,500 at year-end. During the year, Ryan spent $7,000 for supplies, $3,000 for utilities, $18,000 for rent, and $650 for miscellaneous expenses. One customer gave him use of their vacation home for a week (worth $4,000 ) in exchange for Ryan allowing their child to attend the day care center free of charge. Ryan accounts for his business activities using the cash method of accounting o. Diana's employer pays the couple's annual health insurance premiums of $7,000 for a qualified plan. prehensive Problem 5-77 Part 2 (Algo) mplete page 1 of Form 1040 through line 9 and Schedule 1 for the Workmans (for filing MFJ). Input all the values as positive numbers. Enter any non-financial information, (e.g. Names, Addresses, social security ers) EXACTLY as they appear in any given information or Problem Statement. Do not skip rows, while entering in Deductio of Form 1040 PG1. Assume the dividends are qualified dividends. Neither Ryan nor Diana wish to contribute to the lential Election Campaign fund or had any virtual currency transactions or interests

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