Shannon polymers uses straight-line depreciation for financial reporting purposes for equipment costing $720,000 and with an expected useful life of 4 years and no residual value. for tax purposes, the deduction is 40%, 30%, 20%, and 10% in those years. pretax accounting income the first year the equipment was used was $820,000, which includes interest revenue of $22,000 from municipal bonds. other than the two described, there are no differences between accounting income and taxable income. the enacted tax rate is 40%. prepare the journal entry to record income taxes.

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?

When many scrum teams are working on the same product, should all of their increments be integrated every sprint?