Mel operates a DVD store. His records indicate that he had sales of $78,000. Customers returned $1, 500 worth of DVDs because of various defects. His cost of goods sold worth of was $19,000. What is Mel's Schedule C gross income? $78,000 $76, 500 $59,000 $57, 500. Wendy is a self-employed certified financial planner and began her business in 2015. During 2015, she purchased a $500 computer and a $250 desk. She also paid $6,000 in legal/incorporation fees and spent $12,000 for a new roof for the office building she owns. Which purchase(s) can she expense in 2015 without limitation? Computer and desk Computer, desk, and legal/incorporation fees. Computer, desk, legal/incorporation fees, and roof. Legal fees/incorporation fees and roof. Stuart, a cash-basis taxpayer, operates a small retail store. His books show the following income items for the year: sales - paid, $84, 357; sales - unpaid, $1, 549: and sale of cardboard packaging to recycling company - paid, $1, 314. What does Stuart report as his gross income on his Schedule C? $87, 220 $85, 906 $85, 671 $84, 357