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please a b and c Problem 3-39 (LO 3-2. LO 3-3) (Algo) Isabel, a catendar-year taxpayer. uses the cash method Of accounting for her Sole
please a b and c
Problem 3-39 (LO 3-2. LO 3-3) (Algo) Isabel, a catendar-year taxpayer. uses the cash method Of accounting for her Sole proprietorship. in late December she received a S3S.OOO bill from her accountant for consulting services related to her small business. Isabel can pay the $35,000 bill anytime befoo January 30 of next year without penalty. Assume her marginal tax rate is 37 percent this year and next year. and that she can earn ar aftertax rate of return Of 8 percent on her investments. Required: a. What is the after-tax cost if Isabel pays the "SOOO bill In Docombor? b. What is the COSI pays the 95.000 bill in January? Note: Round your answer to the neatest whole amount. c. Based on requirements a and b. should Isabel pay the $35,000 bill n December Or January? Complete this question by entering your answers in the tabs Required C What the cost if pays the $35,000 bill December?
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