Question
PLEASE READ ALL, Your answers should be phrased in the form of a question. Do not answer the questions. A complete submission should include at
PLEASE READ ALL, Your answers should be phrased in the form of a question. Do not answer the questions. A complete submission should include at least four questions in total. i need a new answer, hat i need is four questions This should be the anser
1.-Wheelie Corporation is a calendar year taxpayer. For the past nine years its taxable income has been stable, averaging $2 million per year. Through November of this year, its taxable income was $1.81 million. In April, June and September, Wheelie made a $175,000 installment payment of tax. In December, it recognized a $5 million gain on the sale of investment land.
2.-Aloha Inc. sells timeshares in Hawaii. Gerry buys timeshare from Aloha Inc,. He agrees to pay $10,000 down and Aloha Inc. will finance a seven year note for the balance of the purchase price at the current market rate of interest. Identify the issues for Aloha Inc.
PLEASE
Your answers should be phrased in the form of a question. Do not answer the questions. A complete submission should include at least four questions in total. i need a new answer
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