Question: I can't get the answer for #17. Please help! Comprehensive Problem 8-1 Trish Himple owns a retail family clothing store. Her store is located at

 I can't get the answer for #17. Please help! Comprehensive Problem8-1 Trish Himple owns a retail family clothing store. Her store islocated at 4321 Heather Drive, Henderson, NV 89002 . Her employer identification

I can't get the answer for #17. Please help!

Comprehensive Problem 8-1 Trish Himple owns a retail family clothing store. Her store is located at 4321 Heather Drive, Henderson, NV 89002 . Her employer identification number is 95-1234321 and her Social Security number is 123-45-6789. Trish keeps her books on the cash basis. The income and expenses for the year are: The truck is not considered a passenger automobile for purposes of the luxury automobile limitations. Trish also has a qualified home office of 250sq. ft. Her home is 2,000 sq. ft. Her 2017 purchase price and basis in the home, not including land, is $100,000 (the home's market value is $150,000 ). She incurred the following costs in 2022 related to the entire home: Required: For tax purposes, Trish elected out of bonus depreciation in all years except 2022. She did not elect immediate expensing in any year. The tax lives of the assets are the same as the book lives shown in the fixed asset schedule above. Complete Trish's Schedule C, Form 8829 , and Form 4562. - Make realistic assumptions about any missing data. - Enter all amounts as positive numbers. - If an amount box does not require an entry or the answer is zero, enter " 0 ". - If required round any dollar amount to the nearest dollar. Schedule of Fixed Asset Rollforward Trish's bookkeeper has provided the following book-basis fixed asset rollforward: Trish's bookkeeper has provided the following book-basis fixed asset rollforward: Note: Compute depreciation by asset, rounding each amount to the nearest whole dollar. Click here to access depreciation table 82 and here for depreciation table 8-4. Comprehensive Problem 8-1 Trish Himple owns a retail family clothing store. Her store is located at 4321 Heather Drive, Henderson, NV 89002 . Her employer identification number is 95-1234321 and her Social Security number is 123-45-6789. Trish keeps her books on the cash basis. The income and expenses for the year are: The truck is not considered a passenger automobile for purposes of the luxury automobile limitations. Trish also has a qualified home office of 250sq. ft. Her home is 2,000 sq. ft. Her 2017 purchase price and basis in the home, not including land, is $100,000 (the home's market value is $150,000 ). She incurred the following costs in 2022 related to the entire home: Required: For tax purposes, Trish elected out of bonus depreciation in all years except 2022. She did not elect immediate expensing in any year. The tax lives of the assets are the same as the book lives shown in the fixed asset schedule above. Complete Trish's Schedule C, Form 8829 , and Form 4562. - Make realistic assumptions about any missing data. - Enter all amounts as positive numbers. - If an amount box does not require an entry or the answer is zero, enter " 0 ". - If required round any dollar amount to the nearest dollar. Schedule of Fixed Asset Rollforward Trish's bookkeeper has provided the following book-basis fixed asset rollforward: Trish's bookkeeper has provided the following book-basis fixed asset rollforward: Note: Compute depreciation by asset, rounding each amount to the nearest whole dollar. Click here to access depreciation table 82 and here for depreciation table 8-4

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