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Question 27 of 30 . Rolerring to Case study 2 for Oins Galore, inc: If inventory purchases change to $160,467, how will that change Form

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Question 27 of 30 . Rolerring to Case study 2 for Oins Galore, inc: If inventory purchases change to $160,467, how will that change Form 1125-A, line 8? Form 1125A, line 8 will now be $133,721$140,829$148,721$168,359 Mark for foltow up Question 28 of 30. Referring to Case Study 2 lor cilts Galore, Inc: If each of the two sharehelders paid in additional capital of 55,000 , hew wal that affect Schedule L? Line 24 , retained earninga, wil be decreased by $0,000 Only line 1 , canr, we be increased by $10,000. Only the 23 , addotional paldin capital, wil increase ty $10,000. the 1 , cain, wit increase by $10,000 and $10,000 wil be entered on line 23 . Men for folos up Question 20 of 30. Referring te Case Study 2 for Gifs, Oalore, ins:i If a charitable coniribution of 51,500 had been included on the income statement, how would that impact the tax return for 2022 ? The ehartabie contribution wil be ceporned as a miscetaneous expense on page 1 , line is The chartable contribution would be reported on Schedule K, ine 12a. Mark for folow up Question 27 of 30 . Rolerring to Case study 2 for Oins Galore, inc: If inventory purchases change to $160,467, how will that change Form 1125-A, line 8? Form 1125A, line 8 will now be $133,721$140,829$148,721$168,359 Mark for foltow up Question 28 of 30. Referring to Case Study 2 lor cilts Galore, Inc: If each of the two sharehelders paid in additional capital of 55,000 , hew wal that affect Schedule L? Line 24 , retained earninga, wil be decreased by $0,000 Only line 1 , canr, we be increased by $10,000. Only the 23 , addotional paldin capital, wil increase ty $10,000. the 1 , cain, wit increase by $10,000 and $10,000 wil be entered on line 23 . Men for folos up Question 20 of 30. Referring te Case Study 2 for Gifs, Oalore, ins:i If a charitable coniribution of 51,500 had been included on the income statement, how would that impact the tax return for 2022 ? The ehartabie contribution wil be ceporned as a miscetaneous expense on page 1 , line is The chartable contribution would be reported on Schedule K, ine 12a. Mark for folow up

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