Blossom Corp purchased land as a factory site for $250000. They paid $11000 to tear down two buildings on the land, and the salvage from these old buildings was sold for $1.300. Legal fees of $850 were paid for title investigation and making the purchase. Architect's fees were $10310. Title insurance cost $600, and liability insurance during construction cost $650. Excavation costs were $2500 A contractor was paid $600000 to construct the new building An assessment made by the city for pavement was $1600. Interest costs during construction were $42600. The cost of the building should be recorded at $653560 $653660 $656060 Ⓒ$655810

E14.2

Hansen Corporation. a C Corporation (mot a manufacturer) reports the following items in income and expenses for 2021 Gross Revenue $900,000 Dividend Received from 30% owned Corp 200,000 LTCG 30,000 STCL 12000 City of Lee's Summit Bond Interest 10000 COGS 375000 Administrative Expenses 325000 Charitable Contribution 60,000 Compute Hansen's C Corp Taxable income?

Problem 20-96 from pic.

That is not a possible solution. The possible anwsers are --> a. 122329.9877 b. 127159.8450 c. 122132.1253 d. 126907.4914   Please explain

Cell D11. There seems to be no D18 to D22 in the solution.