Sycamore Inc. donated $50,000 to a qualifying charity this y…

Sycamore Inc. donated $50,000 to a qualifying charity this year. For the year, it reported income of $480,000 before deducting the following: the $50,000 charitable contribution, a $100,000 dividends received deduction (DRD), and a $28,000 net operating loss (NOL) carryover. What is Sycamore’s charitable contribution deduction?

A nurse is caring for a client who is admitted to the labor…

A nurse is caring for a client who is admitted to the labor and delivery unit. Temperature: 37.1° C (98.7° F)  Heart rate: 108/min  Respiratory rate: 22/min Blood pressure: 100/60 mm Hg  Oxygen saturation: 98%  Urinalysis: Glucose: Negative (negative)  Blood: None (none)  WBC: None ( none)  Ketones: +3 (none )  Laboratory Results: Hemoglobin: 11 g/dL (greater than 11g/dL) Hematocrit: 38% (greater than 33%)  Glucose: 68 mg/dL (60 to 90 mg/dL)  Platelets: 220,000mm3 (150,000 to 400,000 mm3)  Client is a 20-year-old primigravida who is at 18 weeks of gestation and has a past medical history of pyelonephritis. Client is alert and oriented to person, place, time, and situation. Oral mucosa is dry. Turgor without tenting. Client reports 2.3 kg (5 lb) weight loss within the past 2 weeks. Fetal Heart Rate (FHR) 145 in lower suprapubic area via external Doppler ultrasound stethoscope. Review the diagram below. Specify what condition the client is most likely experiencing, decide what 2 actions the nurse should take to address that condition. antepartum.png

Note: assume the requirements of Sec. (§) 351 are satisfied….

Note: assume the requirements of Sec. (§) 351 are satisfied.   Danielle, Farrah, Colin, and Earl form Magnolia Inc. (a C corporation).   Danielle contributes land and a building used in her business in return for stock worth $40,000. Magnolia also assumes the $60,000 mortgage on these assets. Danielle originally purchased the building for $50,000.   Farrah contributes a truck in return for stock worth $5,000 and a $5,000 cash payment.   Colin contributes cash for stock worth $40,000.   Earl receives stock worth $10,000 in exchange for the performance of services.   Shareholder (S/H) Transfer to Corp. FMV Basis to S/H Stock Rec’d (by S/H) Other Prop. Rec’d (by S/H) Danielle Land $30,000 $12,000 $40,000 (debt relief—$60,000)   Building $70,000 $38,000     Farrah Truck $10,000 $15,000 $5,000 $5,000 cash Colin Cash $40,000 $40,000 $40,000 None Earl Services n/a n/a $10,000 None   All contributed assets were held for multiple years prior to the formation of Magnolia.   What amount of gain (loss) is recognized by Farrah, and what is her basis in the stock received? (assume no election is made to reflect any deferred loss in the basis of the truck contributed to Magnolia)