Group Assignmenl (Adapled from Comprehensive problem in Ch. 6) To my friendly sludent lax preparer: Hello, my name is Shady Slim. I understand you are going to help me figure out my taxable income for the year...whatever that means. It's been a busy year and I'm a busy man. ljust got back from my 55 \"1 birthday party! Let me give you the lowdown on my life and you can do your thing. I work for Roca Cola and earned $145,900 in base salary this year. In addition to Roca Cola, l have a little side gig where I make birdhouses and sell them online. My son paints the houses, he's really talented. Last year, | generated a profit of $12,000 after paying Jr. around $5,000 for his wages. From what I understand, that's gonna cost me $1,712 in selfemployment tax. But, that's all deductible...right? Let me tell you a few more things about my life. I am divorced from my wife, Alice. She's a lawyer who divorced me a few years ago because I was "unethical" or something like that. I know that it's unusual, but I have custody of my son, Shady, Jr. The judge owed me a few favors and I really love the kid. He lives with me fulltime and my wife gets him every other weekend. I pay the vast majority of my son's expenses. I think Alice should have to pay some child support, but she doesn't have to pay a dime for that. The judge didn't owe me that much, I guess. Head of Household 10