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Consider the following independent scenarios: (Click the icon to view the scenarios.) Requirement In light of the economic performance requirement, how much is deductible by the following accrual-basis corporate taxpayers this year? (Complete all input fields. Enter a "0" if none of the amount is currently deductible.) Current year deduction x More Info Lily Corporation sells products with a one-year warranty. Lily estimates that the warranty costs on products sold during this year will amount to $94,000. Lily performs $35,000 of warranty work a. on products sold last year and $27,000 of warranty work on products sold this year. Thome Corporation agrees to pay $11,000 this year and $11,000 next year to a software developer. The developer completes all work on the software and delivers the product to Thome b. this year. Cahal Corporation pays $4,000 to a supplier to guarantee delivery of raw materials. The $4,000 is c. refundable if Cahal decides not to acquire the materials. This year Hanley Corporation pays a $1,800 security deposit on space it rents for a new office. In addition, Hanley pays current year rent of $15,000. The security deposit is refundable if the d. property is returned in good condition. a. Lily Corporation sells products with a one-year warranty. Lily estimates that the warranty costs on products sold during this year will amount to $94,000. Lily performs $35,000 of warranty work on products sold last year and $27,000 of warranty work on products sold this year. b. Thome Corporation agrees to pay $11,000 this year and $11,000 next year to a software developer. The developer completes all work on the software and delivers the product to Thome this year. c. Cahal Corporation pays $4,000 to a supplier to guarantee delivery of raw materials. The $4,000 is refundable if Cahal decides not to acquire the materials. d. This year Hanley Corporation pays a $1,800 security deposit on space it rents for a new office. In addition, Hanley pays current year rent of $15,000. The security deposit is refundable if the property is returned in good condition. Print Done