22) Georgia Huckabee has an adjusted gross income of $101,646 and itemized deductions that total $12,291. Georgia can claim 5 exemptions. What is her taxable income? (One exemption = $3700.)
Georgia's taxable income is by $101,646-$12,291 -($3700*5)
The answer is $70,855
19) The specific identification method of inventory valuation is best when used with high volume, low cost items.
A) True B) False
kindly post this as a separate question
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