PROBLEM #1 .(15 PTS) While she was an unemployed college student, Juliet worked in the cafeteria located near campus. She thinks a bookstore located on the other side of campus would be successful. She incurs expenses of $52,000 (accounting fees, marketing survey, etc.) in exploring its business potential. Her parents have agreed to loan her the money required to start the business. What amount of these investigation costs can Juliet deduct if a. She opens the business on March, 1 2019 b. She decides not to open the bookstore. PROBLEM #2 (15 PTS) In 2018, Theresa was in an automobile accident and suffered physical injuries. The accident was caused by Ramon's negligence. In 2019, Theresa collected from his insurance company. She received $15,000 for loss of an ear and part of her mouth, $25,000 punitive damages, and $8,000 for medical expenses which she had deducted on her 2018 tax return. How is Theresa's 2019 gross income affected by these events? Please explain. PROBLEM #6 (15 PTS) John sells his son, Jeffrey, 500 shares of Cunos, Inc. stock for $120,000. He purchased the shares 5 years ag o for $128,000. Six months later, Jeffrey sells the stock to his friend, transactions to John and Jeffrey