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need to fill out tax return from 58. John Smith, age 31, is single and has no dependents. At the beginning of 2017, Tax Co

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58. John Smith, age 31, is single and has no dependents. At the beginning of 2017, Tax Co Decisio John started his own excavation business and named it Earth Movers. John lives at 1045 Center Street, Lindon, UT, and his business is located at 381 State Street, Lindon, UT The ZIP Code for both addresses is 84042. John's Social Security number is 111-11-1111, and the business identification number is 11-1111111.John is a cash basis taxpayer. During 2017,John reports the following items in connection with his business. Fee income for services rendered Building rental expense Office furniture and equipment rental expense Office supplies Utilities Salary for secretary Salary for equipment operators Payroll taxes Fuel and oil for the equipment Purchase of three new front-end loaders on January 15, 2017, for $560,000 Purchase of a new dump truck on January 18, 2017 Comm $912,000 36,000 9,000 2,500 4,000 34,000 42,000 7,000 21,000 560,000 80,000 Copyright 2018 copied, scanned, or duplicated, in whole or in part. WGN 02-200-202 May not be 58. John Smith, age 31, is single and has no dependents. At the beginning of 2017, Tax Co Decisio John started his own excavation business and named it Earth Movers. John lives at 1045 Center Street, Lindon, UT, and his business is located at 381 State Street, Lindon, UT The ZIP Code for both addresses is 84042. John's Social Security number is 111-11-1111, and the business identification number is 11-1111111.John is a cash basis taxpayer. During 2017,John reports the following items in connection with his business. Fee income for services rendered Building rental expense Office furniture and equipment rental expense Office supplies Utilities Salary for secretary Salary for equipment operators Payroll taxes Fuel and oil for the equipment Purchase of three new front-end loaders on January 15, 2017, for $560,000 Purchase of a new dump truck on January 18, 2017 Comm $912,000 36,000 9,000 2,500 4,000 34,000 42,000 7,000 21,000 560,000 80,000 Copyright 2018 copied, scanned, or duplicated, in whole or in part. WGN 02-200-202 May not be

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