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70. Johnice's, employer contributes $3,000 to a qualified retirement plan in 2019 for Johnice's retirement. a. Is the $3,000 deductible by Johpice's, employer in 2019?

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70. Johnice's, employer contributes $3,000 to a qualified retirement plan in 2019 for Johnice's retirement. a. Is the $3,000 deductible by Johpice's, employer in 2019? Explain. b. Is the $3,000 income to Johpice in 2019? Explain. c. Is either the interest or dividend earnings on the $3,000 contribution taxable to Johnice in 2019? Explain. 1_ POINTS ANSWER: a. _1 POINTS ANSWER: b. 1 POINTS ANSWER: _C

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