Alexandra operates a garage as a sole proprietorship


Alexandra operates a garage as a sole proprietorship. Alexandra also owns a half interest in a partnership that operates a gas station. This year Alexandra paid or reported the following expenses related to her garage and other property. Determine Alexandra's AGI for 2016.

Revenue from auto repairs $144,730

Salaries paid to mechanics 72,290

Supplies and tools 18,580

Revenues from gas station partnership (Alexandra’s share) 125,800

Expenses from gas station partnership (Alexandra’s share) 95,280

Self-employment tax (1/2 is employer’s share) 12,782

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Financial Accounting: Alexandra operates a garage as a sole proprietorship
Reference No:- TGS01658956

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