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muchor each item will Diego include in his 2017 personal income tax return related t the items from DL, Inc.? Tax-exempt Charitable income LT Capital

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muchor each item will Diego include in his 2017 personal income tax return related t the items from DL, Inc.? Tax-exempt Charitable income LT Capital ST Capital Ordinary ST Gain contribution 9,000 11,000 (45,500) 4,500 87,500 43.750 21,875 23,500 11.750 27504,500 5,5002,250 d. 21,875375 24. Because the federal tax rate on dividends and capital gains for individuals is the same at 209, the tax impact of a dividend is the same asa stock redemption. a. True b. False 25. Return to the facts in question 15 above. What will be the basis for each of the shareholders in their stock of MPR, Inc.? The answers are in order of Mikey, Pam and Ryan a. 525,000; 75,000 and 100,000 b. 525,000; 115,000 and 100,000 c. 252,000; 80,000 and 100,000 d. 252,000; 80,000; and 0 26. Starlord Enterprises, Inc. sells office goods, including customized pencils. Chris is a salesperson for Starlord whose territory includes California, Nevada, Oregon, and Arizona. Chris is very careful to follow all the rules that limit his activities to just solicitation of sales of the pencils. Starlord's sales of pencils (Starlord is headquartered in Nevada which is where Chris lives and works when he is in the office) to California customers for 2017 were $2,000,000. Chris is on the verge of closing a new sale, in addition to the $2,000,000 in California, of $500,000. The buyer wants a quick conclusion to the sales process and requests that Chris authorize the sale immediately Not wanting to lose the sale, Chris accepts the order and has his boss in Nevada authorize shipment to the customer while at the customer's location in Sacramento. What will be the numerator for Starlord's California sales factor? a. $0 b. $500,000 c. $1,250,000 d. $2,500,000

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