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Question 1 Beula, who is a head of household and age 40, provides you with the following information from her financial records for 2018. Regular

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Question 1 Beula, who is a head of household and age 40, provides you with the following information from her financial records for 2018. Regular income tax liability 35,776 AMT positive adjustments 33,000 25,000 Taxable income 170,000 Calculate her AMTI for 2018. O $228,000 $174,050 O $232,050 10:10 AM Question 2 2 pts Vicki owns and operates a news agency (as a sole proprietorship). During 2016, she incurred expenses of $24,000 to increase circulation of newspapers and magazines that her agency distributes. For regular income tax purposes, she elected to expense the $24,000 in 2016. In addition, Vicki incurred $15,000 in circulation expenditures in 2017 and again elected expense treatment. What AMT adjustments will be required in 2016 and 2017 as a result of the circulation expenditures? $16,000 positive in 2016, $2.000 positive in 2017 $16,000 negative in 2016, $10,000 positive in 2017 $16,000 negative in 2016, $2,000 positive in 2017 $16,000 positive in 2016, $10,000 positive in 2017 10:10 AM

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