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Please answer all questions. Please take your time Required Informetion [The following information applies to the questions displayed below] Indicate the amount (f any) that

Please answer all questions. Please take your time
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Required Informetion [The following information applies to the questions displayed below] Indicate the amount (f any) that Josh can deduct as an ordinary and necessary business deduction in each of the following situations. Note: Leave no answers blank. Enter zero if applicable. c. This year Josh paid $19.200 to employ the mayor's son in the business. Josh would typically pay an employee with these responsibilities about $17,000, but the mayor assured Josh that after his son was hired, some city business would be coming his way Required Information [The following information applies to the questions displayed below] Indicate the amount (ff any) that Josh can deduct as an ordinary and necessary business deduction in each of the following situations. Note: Leave no answers blank. Enter zero if applicable. 0. Josh borrowed $64,000 from First State Bank using his business assets as collateral He used the money to buy City of Bianksvitle bonds. Over the course of a year, Josh paid interest of $10,900 on the borrowed funds, but he recelved $8,300 of interest on the bonds Required Information [The following information applies to the questions displayed below] Indicate the amount of any) that Josh can deduct as an ordinary and necessary business deduction in each of the following situations Note: Leave no onswers blank, Enter zero lf applicable. . Josh purchased a plece of land for $82,000 in order to get a location to expand his business. He also paid $6,100 to construct a hew dinveway for access to the property. Required information The following information applies to the questions displayed below] Indicate the amount (if any) that Josh can deduct as an ordinary and necessary business deduction in each of the following situations. Note: Leave no answers biank. Enter zero if applicoble. d. Josh paid his brother, a mechanic, $4.950 to install a robotic machine for Josh's business. The amount he paid to his brother is comparable to what he would have paid to an unrelated person to do the same work Once the installation was completed by his brother, Josh began callbrating the machine for operation. However, by the end of the year, he had not started using the machine in his business

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