Required information Problem 5-58 (LO 5-2) (The following information applies to the questions displayed below.) Nikki works for the Shine Company, a retailer of upscale jewelry. How much taxable income does Nikki recognize under the following scenarios? (Round your answers to 2 decimal places. Leave no answer blank. Enter zero if applicable.) Problem 5-58 Part-a a. Nikki buys a diamond ring from Shine Company for $15,600 (normal sales price, $19,650; Shine Company's gross profit percentage is 40 percent). Taxable income Required information Problem 5-58 (LO 5-2) [The following information applies to the questions displayed below.) Nikki works for the Shine Company, a retailer of upscale jewelry. How much taxable income does Nikki recognize under the following scenarios? (Round your answers to 2 decimal places. Leave no answer blank. Enter zero if applicable.) How much taxable income deteniki recognize under Problem 5-58 Part-b b. Nikki receives a 29 percent discount on jewelry restoration services offered by Shine Company. This year, Nikki had Shine Company repair a set of antique earrings (normal repair cost $885; discounted price $628.35). Taxable income