Lo 3.1 1. Scott Buttertield is self-employed as a CPA He uses the cash method of accoun and his Social Security number is 644- 47-7833 His principal business c is 541211 Scott's CPA practice is located at 678 hird Stueet, Riverside. CA 92800 Scot's statement tor the year shows the tollowing Income Statement Scott Butterfield, CPA Current Periad 442017 10 14/34/3017 Priur Period /6 12/34/20 REVENUES Tax Services 72.154 00 0754.00 TOTAL REVENUES COST OF SERVICES 25 400 00 2375.00 1225 00 0.100 00 Pagrol Tass TOTAL COST OF SERVIcs GROSS PROIT GOSS OPERATING CXPNses 340m 00 57,200 0 Aduertiing and Promoton Business Licenses and Permits 790 00 275.00 230 00 250 00 Continuing tducaton Durs and Sbri 873.00 100 a 150 00 1500.00 870.00 5,400.00 bheais and Entertainment Office Exgiense Postage and Delivery Printing and keproduction Office en Travel nilees 300 00 13,800.00 s0.00 TOTAL OPERATING EXPUSA 27,544 00 70834.00 9,656.OO Scott also mentioned the following . The expenses for dues and subscriptions were his country club membership dues for the year . The charitable contributions were made to a political action committee. . Scott placed a business auto in service on January 1. 2014 and drove it 3,901 Complete Schedule C on Pages 3-41 and 3-42 for Scott showing Scott's net income Scott does not generate income from the sale of goods and therefore does not record supplies and wages as part of cost of goods sold miles for business, 3,250 miles for commuting, and 4,500 miles for nonbusiness purposes. His wife has a car for personal use. from self-employment