This question has four parts to it. Could you please show your work, and bold the final answer. Thank you!
Required information Problem 12-23 (LO 12-1) (Algo) [The following information applies to the questions displayed below.] North Incorporated is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1 , North accrued and deducted the following bonuses for certain employees for financial accounting purposes. - $9,750 for Lisa Tanaka, a 30 percent shareholder. - $15,200 for Jared Zabaski, a 25 percent shareholder. - $17,200 for Helen Talanian, a 20 percent shareholder. - $6,450 for Steve Nielson, a 0 percent shareholder. Unless stated otherwise, assume these shareholders are unrelated. How much of the accrued bonuses can North Incorporated deduct in year 1 under the following alternative scenarios? Note: Leave no answer blank. Enter zero if applicable. Input all amounts as positive values. Problem 12-23 Part a (Algo) a. North paid the bonuses to the employees on March 1 of year 2 . [The following information applies to the questions displayed below.] North Incorporated is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1, North accrued and deducted the following bonuses for certain employees for financial accounting purposes. - $9,750 for Lisa Tanaka, a 30 percent shareholder. - $15,200 for Jared Zabaski, a 25 percent shareholder. - $17,200 for Helen Talanian, a 20 percent shareholder. - $6,450 for Steve Nielson, a 0 percent shareholder. Unless stated otherwise, assume these shareholders are unrelated. How much of the accrued bonuses can North Incorporated deduct in year 1 under the following alternative scenarios? Note: Leave no answer blank. Enter zero if applicable. Input all amounts as positive values. Problem 12-23 Part b (Algo) a. North paid the bonuses to the employees on April 1 of year 2 . Problem 12-23 (LO 12-1) (Algo) [The following information applies to the questions displayed below.] North Incorporated is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1, North accrued and deducted the following bonuses for certain employees for financial accounting purposes. - $9,750 for Lisa Tanaka, a 30 percent shareholder. - $15,200 for Jared Zabaski, a 25 percent shareholder. - $17,200 for Helen Talanian, a 20 percent shareholder. - $6,450 for Steve Nielson, a 0 percent shareholder. Unless stated otherwise, assume these shareholders are unrelated. How much of the accrued bonuses can North Incorporated deduct in year 1 under the following alternative scenarios? Note: Leave no answer blank. Enter zero if applicable. Input all amounts as positive values. Problem 12-23 Part c (Algo) North paid the bonuses to employees on March 1 of year 2 and Lisa and Jared are related to each other, so they are treated as wning each other's stock in North. Problem 12-23 (LO 12-1) (Algo) [The following information applies to the questions displayed below.] North Incorporated is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1, North accrued and deducted the following bonuses for certain employees for financial accounting purposes. - \$9,750 for Lisa Tanaka, a 30 percent shareholder. - $15,200 for Jared Zabaski, a 25 percent shareholder. - $17,200 for Helen Talanian, a 20 percent shareholder. - $6,450 for Steve Nielson, a 0 percent shareholder. Unless stated otherwise, assume these shareholders are unrelated. How much of the accrued bonuses can North Incorporated deduct in year 1 under the following alternative scenarios? Note: Leave no answer blank. Enter zero if applicable. Input all amounts as positive values. oblem 12-23 Part d (Algo) North paid the bonuses to employees on March 1 of year 2 and Lisa and Helen are related to each other, so they are treated as vning each other's stock in North
