Question: please help Gino is a computer peogrammne who eamed $45,000 in 2019. But on January 1,2020 Gine opened a lasdocaping buniness. At the end of

please help
please help Gino is a computer peogrammne who eamed \$45,000 in 2019.

Gino is a computer peogrammne who eamed \$45,000 in 2019. But on January 1,2020 Gine opened a lasdocaping buniness. At the end of the first ypar of oceration, he submitted the information on the right to his acoountant. Question Facts The accountant recorded the depreciation on Gino's cottage during 2020 as $8,000. 1. Gino stopped renting cut his cottage for $5,000 a. year and used it as his bitiness premiaes. 2. The market valus of the cottage increased from $98,000 to $107,000. Ascording to the eocountant, what prote did Gino make? 3. Ho spent $10,000 on meterlals, phone, utilities, atc- 4. He leased machines for $10,000 a yoar. 5. He paid $5,000 in wages. 6. He used $+5,000 from his savings ascecunt, which Acoording to the accountant, Gino's proft is tarns 5 percent a year interest. A. $20,060 7. He bonrwed $40,000 at 8 percent a year from the bank. B. 530,000 8. He sola 5120,000 worth of landscaping. c. $93.800 2. Normal prete is $30.000 a year

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