The F. Mercury, Capital account has a credit balance of $20,400 before closing entries are made. If total revenues for the period are $65,200, total expenses are $47,400, and withdrawals are $10,800, what is the ending balance in the F. Mercury, Capital account after all closing entries are made?

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?