Selected accounts from Lue Co.'s adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Total equity.......... .... $30,000 Employee federal income taxes payable $9,000 Equipment... .725 Salaries payable... Accounts receivable.. .. 3,100 40,000 Federal unemployment taxes payable .......... 200 . 34,000 FICA-Medicare taxes payable........ .. 5,100 FICA-Social Security taxes payable.... . 50,000 Employee medical insurance payable..... ..4,000 State unemployment taxes payable.. Notes payable (due in 6 years)..... 10,000 Sales tax payable (due in 2 weeks)..... Cash.......... .2,000 Current portion of long-term debt.. . 1,800 ******** 275 **********.

what are the solutions for questions 4 & 5?

What Is Section 1031? A brief explanation on this?

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?