Please help me with this tax question!

Thank YOU!!!!!

1. Michelle Kay purchased a small building on February 1 of the current year for $650,000. In addition, she paid $15,000 for land. Ms. Kay obtained a $640,000 mortgage for the acquisition. She and five of her employees use the property solely to store and sell a variety of gift items under the business name of \"Michelle's Gifts.\" The following information pertains to the business: Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $950,000 Cost of goods sold. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 625,000 Wages for employees ($20,000 each). . . . . . . . . . . . . . . . . . . . . . . . . 100,000 Payroll taxes for five employees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,750 Depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ? Advertising. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,000 Mortgage interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000 Legal services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000 Real estate taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,000 Fire insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,000 Meals and entertainment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,500 During the year, Ms. Kay purchased the following assets for the business. She wants to depreciate all business assets as rapidly as the law allows. Cost Month/Day of Acquisition Personal computer. . . . . . . . . . . . . . . . . . . . . . $14,000 March 31 Printer for computer. . . . . . . . . . . . . . . . . . . . . 2,000 April 2 Office furniture and fixtures. . . . . . . . . . . . . . . 20,000 April 29 Machinery (7-year property). . . . . . . . . . . . . . . 30,000 May 12 Michelle Kay was divorced from Benjamin Kay two years ago. The divorce decree stipulates that Benjamin Kay would receive the dependency exemption for their son, Eric (now 12 years old), even though Eric lives full-time with Ms. Kay in a home she maintains. During the year, Ms. Kay provided 25% of Eric's support and Mr. Kay provided 75 percent. Ms. Kay received $15,000 of alimony and $10,000 of child support from Mr. Kay during the year. Ms. Kay's Social Security number is 333-46-2974. Her address is 567 North Hollow Drive, Grimview, IL 48124. For business purposes, her employer ID number is 66-2869969. She uses the cash method of accounting for all purposes. Unrelated to her business, Ms. Kay paid the following amounts during the year: Estimated federal income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $16,000 State income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,500 County income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,500 Real estate taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000 Mortgage interest on her home . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,600 Charitable contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,900 Deductible contribution to individual retirement account (Note: This is a deduction for AGI It is one of the \"adjustments to income\" on page 1 of Form 1040.). . . . 2,000 Health insurance for Ms. Kay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000 Compute Ms. Kay's tax liability for the year based on current tax law in effect for tax year 2015. (Hint: Ms. Kay's adjusted gross income is less than $100,000 and there is no alternative minimum tax liability.)