Dinham Kennel uses tenant-days as its measure of activity, an animal housed in the kennel for one day is counted as one tenant-day During March, the kennel budgeted for 4,500 tenant- days, but its actual level of activity was 4,560 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March Data used in budgeting Fixed element Variable element per month per tenant-day 35.00 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses 3,400 8.40 %24 2,400 14.90 8,900 7,400 3.90 0.30 Total expenses 22,100 27.50 Actual results for March $142,130 $ 28,640 $ 71,025 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses 2426,125 $ 7,104 The spending variance for facility expenses in March would be closest to:

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.

12-10

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