Solve the following system of linear equations by addition….

Solve the following system of linear equations by addition. Indicate whether the given system of linear equations has one solution, has no solution, or has an infinite number of solutions. If the system has one solution, find the solution.{−4x+2y=−4−2x+y=−2

EXTRA CREDIT – 1 POINT – On November 17, 2024, the FDA and C…

EXTRA CREDIT – 1 POINT – On November 17, 2024, the FDA and CDC, in collaboration with state and local partners, reported illnesses in a multistate outbreak of Shiga toxin-producing E. coli O121:H19 infections linked to organic whole and baby carrots.  Select the correct answers to the following questions in order:  What is the O antigen? What is the H antigen? How does Shiga toxin work?

A beneficiary acquired property from decedent. The fair mark…

A beneficiary acquired property from decedent. The fair market value at the date of decedent’s death was $200,000. The decedent had paid $130,000 for the property. Estate taxes attributed to the property were $2,000. The beneficiary sold the property one year after the receipt from the estate.What is the holding period of the property for the beneficiary?

On February 1, 2023, Stephen (who is single) sold his princi…

On February 1, 2023, Stephen (who is single) sold his principal residence (Home 1) at a $120,000 gain. He was able to exclude the entire gain on his 2023 tax return. Stephen purchased and moved into another residence (Home 2) on the same day. Assuming Stephen lives in Home 2 as his principal residence until he sells it, which of the following statements is true?

Brinker, a CPA, provided accounting services to a client, Sc…

Brinker, a CPA, provided accounting services to a client, Scott. On December 15 of the same year, Scott gave Brinker 100 shares of Foster Corp. as a compensation for services. The adjusted basis of the stock was $4,000, and its fair market value at the time of the transfer was $5,000. Two months later, Brinker sold the stock on February 15th for $7,500.What is the amount that Brinker should recognize as a gain on the sale of the stock?