On 12/31/x4, zoom, llc reported a $60,000 loss on its books. the items included in the loss computation were $30,000 in sales revenue, $15,000 in qualified dividends, $22,000 in cost of goods sold, $50,000 charitable contribution, $20,000 in employee wages, and $13,000 of rent expense. how much ordinary business income (loss) will zoom report on its x4 return?

-10.000

Explanation:

within the ordinary result, those income and expenses that respond to the  normal and ordinary turn of the company, without considering those of an exceptional or unique nature, or related to operations that do not represent the aforementioned,

In this case the ordinary result is

$30,000 in sales revenue ORDINARY

$15,000 in qualified dividends ORDINARY(

If you want to know the exclusively operational result, these will not be considered.)

$22,000 in cost of goods sold ORDINARY

, $50,000 charitable contribution EXTRAORDINARY

$20,000 in employee wages ORDINARY

$13,000 of rent expense ORDINARY

= 30.000+15.000 - 22.000-20.000-13.000= -10.000

the answer is true.  i do believe this is the answer because of the amount of wrecks people get into each year.  if you double this with avoiding those so said wrecks, that would make you a "skilled" driver.

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merit-based scholarship

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