Siena's record keeping application shows she also drove 1,100 miles between deliveries and 560 miles driven between home and the first and last delivery point of the day. She also drove 10,000 miles for personal purposes. Siena does not have a separate car for personal use. She started using her car for business on May 17, 2023. Siena also kept receipts for the following out-of-pocket expenses:o $100 on tollso $50 for parkingo $48 for parking ticketso $150 for snacks and lunches Siena consumed while working Siena provided the Form 1099 - K that she received from Delicious Deliveries. Siena contributed $6,000 to her traditional IRA. She also contributed to her retirement plan at work. Siena, Kenna, and Stacy are U.S. citizens, have valid Social Security numbers, and lived in the United States all year. 12. How many miles can Siena claim for the business mileage expense?a. 1,100 b. 5,700 c. 6,800 d. 7,360

Siena's record keeping application shows she also drove 1,100 miles between deliveries and 560 miles driven between home and the first and last delivery point of the day. She also drove 10,000 miles for personal purposes. Siena does not have a separate car for personal use. She started using her car for business on May 17, 2023. Siena also kept receipts for the following out-of-pocket expenses:o $100 on tollso $50 for parkingo $48 for parking ticketso $150 for snacks and lunches Siena consumed while working Siena provided the Form 1099 - K that she received from Delicious Deliveries. Siena contributed $6,000 to her traditional IRA. She also contributed to her retirement plan at work. Siena, Kenna, and Stacy are U.S. citizens, have valid Social Security numbers, and lived in the United States all year. 12. How many miles can Siena claim for the business mileage expense?a. 1,100 b. 5,700 c. 6,800 d. 7,360

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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