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Please answer! Thanks! 4) Fran, who is self-employed, drove her 4 She also has receipts for business-related use as follows: automobile a total of 40,000

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4) Fran, who is self-employed, drove her 4 She also has receipts for business-related use as follows: automobile a total of 40,000 business miles in 2018 Parking Fuel Tolls $500 900 200 can bauan AGI for the year of $0,000If Fran uses the standard milesge rate of S4 5 h S50,000. If Fran uses the standard mileage rate of 54.5 cents, she A) $21,800. B) $22,500. C) $22,700. D) $23,400. (5) Caleb's medical expenses before reimbursement for 2018 include the following: Medical premiums Doctors, hospitals Prescription drugs $12,000 10,500 1,800 Caleb's AGI for the year is $100,000. Cal of $4,000. Caleb's deductible medical expenses that will be added to the other itemized eb also receives a reimbursement for medical expenses deductions will be A $10,300. B) $12,800. C) $20,300. D) $24,300. (6) Which of the following is deductible as interest expense? A) personal credit card interest. B) interest to purchase tax-exempt bonds. C) bank service charges on personal account. D) none of the above. (7) In computing AMTI, tax preference items are A) excluded B) added only C) subtracted only D) either added or subtracted

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