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Keiji Jones is the owner of a small retail business operated as a sole proprietorship. During 2 0 2 2 , his business recorded the

Keiji Jones is the owner of a small retail business operated as a sole proprietorship. During 2022, his business recorded the following items of income and expense:
Revenue from inventory sales $ 147,000
Cost of goods sold 33,500
Business license tax 2,400
Rent on retail space 42,000
Supplies 15,000
Wages paid to employees 22,000
Payroll taxes 1,700
Utilities 3,600
Required:
Compute taxable income attributable to the sole proprietorship by completing Schedule C to be included in Keijis 2022 Form 1040.
FILL OUT SPACES SOME NEED TO BE LEFT BLANK. BUT SOME NUMBERS ENTERED ARE WRONG
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