QUESTION 6 Emily was starting a new business. She purchased a used truck for $30,150. The cost to ship the truck was $925. She had the car detailed and painted with her logo on it for $1,250. Shortly after purchasing the vehicle, the truck needed brakes and tune-up. The cost of the brakes and tune-up were $650 and $200, respectively. What is Emily's cost basis for the truck? A 32,325 B.30,150 C. 30,800 CD. 33,175 E. 31,400 3 points QUESTION 7 (Use Tax Tables for this question) Alex, who is a caddie at a country club, ask you to help her calculate her tax liability. She tells you about the following transactions: She earned $32,000 in wages from the country club, $100,000 of qualified business income from an investment in a partnership. In addition, Alex won $5,000 in lottery scratch-off tickets and $20,000 gain on the sale of a stock. Alex purchased the shares on insider Information (an illegal activity) and owned for stock 5 days. In June of the current year, Alex's inherited a 1,000 shares of IBM stock from his aunt. The stock FMV at the time of death was $47,000. His aunt's basis was $5,000. At the end of the year, the stock had appreciated to $75,000, but Alex did not sell his shares. He had itemized deductions that totaled $9,000. What is Alex's tax liability? A. None of the other responses. B. $24,126 C. $34,116