Question: a. Present and Future Value 1. Show how much you personally owe if a business you own goes bankrupt with $80,200+U more in liabilities/debts than

a. Present and Future Value 1. Show how much you personally owe if a business you own goes bankrupt with $80,200+U more in liabilities/debts than the company has in assets; show the amount personally owed under 3 different forms of organization: proprietorship, limited liability company, and corporation. 2. Compute how much total tax is owed if a business you own earns $4,897,300+U dollars pretax (and pays out all the net income to yourself); show the computation under 3 different forms of organizations: proprietorship, limited liability company, and corporation (assuming your personal income tax rate is 37% and the corporate income tax rate is 21%). 3. Compute how much money you would have in U years if you have $7000 and invests it into an investment that earns 4.27% per year for the next U years. 4. A 1-year lease agreement requires a payment of $1888+U dollars per month (with the first payment due next month). Compute the present value of those payments to the lessor if the appropriate annualized discount rate is 7.15%

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