Answer:
$10,191
Explanation:
Calculation for the amount of interest expense that Willette will report for the six months ended June 30, Year 1
First step is to calculate the Semiannual interest payment using this formula
Semiannual interest payment = Face amount × (Rate ÷ 2)
Let plug in the formula
Semiannual interest payment = $240,000 × (6% ÷ 2)
Semiannual interest payment= $7,200
Second step is to calculate the Allocation of discount using this formula
Allocation of discount = (Face value of bonds − Issue price) ÷ Number of interest payments
Let plug in the formula
Allocation of discount = ($240,000 - $180,181) ÷ (10 years × 2 payments per year)
Allocation of discount = $59,819 ÷ 20
Allocation of discount = $2,991
Now let calculate the Interest expense using this formula
Interest expense = Interest payment + Allocation of discount
Let plug in the formula
Interest expense = $7,200 + $2,991
Interest expense = $10,191
Therefore the amount of interest expense that Willette will report for the six months ended June 30, Year 1 will be $10,191
(PROJECT RISK
MANAGEMENT)
Discuss, Elaborate and Explain the Natural Project Risk
Management Sequence.
Natural Project Risk Management Sequence The natural project risk management sequence involves four main steps, which are risk identification, risk assessment, risk response, and risk monitoring and review. Below is an elaborate explanation of Risk Identification
The first step in natural project risk management is risk identification. This involves identifying potential risks that may occur during the project. Risks can be identified through various techniques such as brainstorming, checklists, and interviews with relevant stakeholders. Once the risks have been identified, they are documented for further analysis.
Risk Assessment After the risks have been identified, the next step is risk assessment. This involves analyzing the identified risks to determine their likelihood of occurrence and potential impact on the project. Risk assessment can be done using various techniques such as probability analysis and impact analysis. The results of the risk assessment are used to prioritize the risks based on their level of importance.
Risk Response The third step in natural project risk management is risk response. This involves developing a plan to address the identified risks. There are four main strategies for responding to risks, which are avoidance, mitigation, transfer, and acceptance. The selected risk response strategy is based on the risk assessment results and the project constraints.
Risk Monitoring and Review The final step in natural project risk management is risk monitoring and review. This involves tracking the identified risks throughout the project lifecycle to ensure that the risk response plan is effective. Risks that were previously identified but have not yet occurred are monitored to determine if they are still relevant. The risk management plan is reviewed periodically to ensure that it is up to date and effective in managing project risks.
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Mateo wants to buy a new guitar and amp that will cost about $2,500. He works part time at a cafe and brings home around $500 per week. He tells his friends he plans to buy the guitar in about two months. What detail of this goal is missing?
The missing detail in Mateo's goal is how much money he can save per week.
While it is known that he brings home around $500 per week from his part-time job at the cafe, it doesn't have information on how much of that income he plans to save each week towards buying the guitar and amp.
To determine if he can achieve his goal of buying the guitar in about two months, it is needed to know how much money he can set aside from his weekly earnings for savings. Without this information, it is challenging to assess whether his goal is achievable within the specified timeframe.
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Providing information about the performance and financial position of companies so that users can make economic decisions best describes the role of: A auditing. B financial reporting. C financial statement analysis.
Providing information about the performance and financial position of companies so that users can make economic decisions best describes the role of: Financial Reporting. The correct option is B.
Financial reporting involves preparing and presenting financial statements and other relevant information to users such as investors, creditors, and regulators.
It serves as a tool for communicating the financial health of a company to external stakeholders. The primary financial statements included in financial reporting are the balance sheet, income statement, statement of cash flows, and statement of changes in equity.
A. Auditing, on the other hand, is the process of examining and verifying the accuracy and reliability of a company's financial statements. It is usually performed by independent external auditors to ensure the credibility of the financial information provided.
C. Financial statement analysis involves the evaluation and interpretation of a company's financial statements to assess its performance, financial position, and value. This analysis helps users make informed decisions about investing, lending, or other economic activities.
In summary, financial reporting is the process of presenting financial information about a company's performance and financial position to enable users to make economic decisions. Auditing ensures the accuracy and reliability of the financial statements, while financial statement analysis helps users interpret and evaluate the information provided
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Complete question:
Providing information about the performance and financial position of companies so that users can make economic decisions best describes the role of:
A. auditing.
B. financial reporting.
C. financial statement analysis.
What is the social responsibility of business towards stakeholders?
Businesses have a social responsibility to their stakeholders to adopt policies that lessen negative effects on society and the environment while promoting their well-being.
In order to be socially responsible, a company must act in a way that benefits society as a whole as well as its shareholders. Investors and consumers who seek investments that not only are profitable but also contribute to the welfare of society and the environment place a growing emphasis on social responsibility.
Companies can behave responsibly in a variety of ways, including encouraging volunteerism, enacting environmental improvements, using ethical labor practices, and making charitable contributions.
Growing consumer demand for the goods and services provided by socially responsible companies has an impact on their profitability. Critics claim that engaging in social responsibility goes against the very purpose of businesses.
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A perfectly price-discriminating monopolist is able to a. maximize profit and produce a socially optimal level of output. b. produce a socially optimal level of output, but not maximize profit. c. exercise illegal preferences regarding the race and/or gender of its employees. d. maximize profit, but not produce a socially optimal level of output.
Answer:
a. maximize profit and produce a socially optimal level of output.
Explanation:
The perfect price discrimination is the discrimination that arise isn the case when a firm charge a different price for each unit i.e. consumed. In this, the maximum price should be charged that enables to capture the overall consumer surplus. It is also known as first degree price discrimination
Here the profit is maximized and generated an optimal output level
Therefore the correct option is a.
_______________ is the value of the best alternative given up when a choice is made.
Answer:
Opportunity costs
Hope it helps!
experts consider the most effective payment policy is for the front desk staff to request payment when the patient/provider encounter is concluded.
The most effective payment policy is for the front desk staff to request payment when the patient/provider encounter is concluded. This policy offers convenience, clarity, accountability, and efficiency, benefiting both the healthcare provider and the patient.
The most effective payment policy, according to experts, is for the front desk staff to request payment when the patient/provider encounter is concluded. This approach ensures that the payment is collected promptly and reduces the risk of unpaid bills. Here is a step-by-step explanation of why this policy is considered effective:
1. Convenience: Requesting payment at the end of the encounter saves time for both the front desk staff and the patient. It allows the patient to settle the bill immediately, avoiding the need for follow-up calls or reminders.
2. Clarity: By collecting payment when the encounter is concluded, the front desk staff can provide a clear breakdown of the charges. This helps the patient understand what they are paying for and reduces the likelihood of disputes or misunderstandings later on.
3. Accountability: Requesting payment upfront ensures that the patient takes financial responsibility for the services rendered. It encourages timely payment and helps the healthcare provider maintain a healthy cash flow.
4. Efficiency: Collecting payment at the end of the encounter streamlines the administrative process. It allows the front desk staff to update the patient's records promptly and close out the visit, freeing up resources for the next patient.
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Which states the main difference between a monopoly and an oligopoly?
a. Oligopolies have a few large corporations that are part of the market.
b. Oligopolies have a lot of competition between companies.
c. Monopolies involve a much higher level of competition than oligopolies.
d. Monopolies have many corporations as part of the market.
Answer:
a
Explanation:
a. oligopolies have a few large corporations that are part of the market
_________obtain goods from manufacturers and sell them to consumers.
Answer:
market?
Explanation:
cause in the end it says sell them
Answer: sellers
The producer is the manufacturer of the item/product.
The seller is the person who buys the item from the manufacturer.
The consumer is the one who buys the item again from the seller.
Hope this helps you!
When the selecting the purchasing method to use as the lot size when replenishing a part in inventory, what factor would recommend using the economic order quantity?.
When the selecting the purchasing method to use as the lot size when replenishing a part in inventory, the factor that would recommend using the economic order quantity is need to manage cost.
What is an Economic Order Quantity in Inventory Management?In Inventory Management, an economic order quantity means the ideal order quantity a company should purchase in order to minimize its inventory costs such as holding costs, shortage costs, and order costs.
This quantity is used in inventory management which is the oversight of the ordering, storing, and use of a company's inventory. An Inventory management is also tasked with calculating the number of units a company should add to its inventory with each batch order to reduce the total costs of its inventory.
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plzzzzzzzzzzz what is the square root of 8
Answer:
\(2.82842712475\)
Explanation:
The square root of eight is a irrational number because it cannot be a fraction with integers. The square root up eight has to be rounded up eight decimal places would equal "2.82842712475" which means that is your answer.
8–√
=23−−√
or 2–√
x 2–√
x 2–√
=> 8–√
= 2x 2–√
=> 8–√
= 22–√
= 1.41421...
Therefore, 8–√
= 2 x 1.41421..
=> 8–√
= 2.82842..
Hope this helps.
When you finish your budget, you should have:
A: money left over
B: more bills to pay
c: a zero balance
D: All of the choices
Answer:
Zero balance
Explanation:
Because you finished all your money.
What do a plane crash, a deserted island, and a volleyball have
to do with organizational change?
A plane crash, a deserted island, and a volleyball are key themes in the movie Cast Away. This movie provides great insights into organizational change. It tells the story of Chuck Noland, a high-performing FedEx executive who finds himself stranded on a deserted island after a plane crash.
The experience that Chuck goes through on the island is an excellent analogy for how organizational change often works. Chuck is initially thrown off by the dramatic change in his circumstances and struggles to adapt to the new reality. However, as he spends more time on the island, he starts to become more resourceful, innovative, and proactive. He learns to take care of his basic needs, such as finding food and shelter, and becomes more adept at solving problems.
As he begins to develop a routine, he starts to feel a sense of purpose and identity. When he discovers a volleyball washed up on the shore, he even starts to develop a relationship with it, naming it "Wilson." Through his experience on the island, Chuck learns that organizational change is not something that can be accomplished overnight.
It takes time, effort, and persistence to make significant progress. However, by embracing the change and being willing to adapt to new circumstances, it is possible to thrive in new environments and create meaningful change.
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if an applicant for a life insurance policy is found to be a substandard risk, the insurance company is most likely to
If an applicant for a life insurance policy is found to be a substandard risk, the insurance company is most likely to either charge a higher premium or apply a specific policy modification to cover the increased risk associated with insuring the applicant.
This is because substandard risk individuals have a higher probability of filing a claim due to their health conditions, lifestyle choices, or occupation, which presents a greater financial risk to the insurance company.
When determining premiums, insurance companies consider the applicant's age, health, occupation, and lifestyle. Substandard risks often have a medical condition, participate in hazardous activities, or work in a high-risk occupation that increases their likelihood of facing adverse health events. To address this risk, the insurer may impose a higher premium to account for the increased likelihood of claim payments, thereby maintaining profitability.
Alternatively, the insurance company may apply policy modifications such as exclusions, limitations, or riders. These modifications can help manage the risk by excluding certain events or conditions from coverage, limiting the benefits available under the policy, or requiring the insured to pay a portion of the claim costs.
In conclusion, if an applicant for a life insurance policy is found to be a substandard risk, the insurance company will most likely either charge a higher premium or apply policy modifications to manage the increased risk associated with insuring the individual. This approach helps the insurer maintain financial stability while providing coverage for applicants who may otherwise be denied coverage altogether.
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What are sets in set A and not in set B and C called?
Explanation:
Set Difference: The relative complement or set difference of sets A and B, denoted A – B, is the set of all elements in A that are not in B. ... Then the set difference of A and B would be the $407 remaining in the checking account. Example: Let A = {a, b, c, d} and B = {b, d, e}. Then A – B = {a, c} and B – A = {e}.
Common Symbols Used in Set Theory
Symbols save time and space when writing. Here are the most common set symbols. In the examples C = {1, 2, 3, 4} and D = {3, 4, 5} Symbol. Meaning.
can someone help? it's accounting !
Answer: i cant see
Explanation:
In general, the ____ risk you are willing to take the ____the possible return on your investments.
Answer: sexual aids
Explanation:
use an optimization model to determine the best course of action for your real estate company, using the following assumptions: you wish to maximize the net present value of profit over the next eight quarters. assume 6% irr, compounding quarterly. (so 1.5% per quarter) in each neighborhood in which they open an office, they will achieve a baseline of 5.5% market penetration, and earn a 5% commission on sales. for every .1% the commission you charge decreases, your market penetration will increase by .15%, (down to a minimum penetration of 4% or a maximum of 6%) you must pay rent and utilities in each office you open each month. determine the average cost per gross square foot of commercial real estate in your neighborhood for the last year (in nyc historical). [when determining this value, you should exclude properties where gross square feet or sale price is unknown.] each month you will pay 1.5% of this for rent and utilities for each square foot of office space you rent. you must rent at least 250 square feet of office space, plus 125 for each employee you hire. you may hire up to 3 employees. each employee you hire costs a yearly salary $65,000 including benefits, and increases your market penetration by .5%. your monthly operating budget is $15,000. you may add other assumption you deem realistic so long you provide the explanation in your report.
The best course of action for the real estate company is to open offices in neighborhoods with higher market penetration and lower commercial real estate costs, hire up to 3 employees, and set commission rates to achieve maximum net present value of profit over the next 8 quarters while staying within the monthly operating budget of $15,000.
To optimize net present value of profit, the real estate company should analyze market penetration, commission rates, and real estate costs in each neighborhood to determine which locations will yield the highest profit.
The company should also hire up to 3 employees to increase market penetration while staying within the operating budget. The commission rate should be set to maximize profit while also taking into account the relationship between commission rates and market penetration.
The company should aim to rent office space in neighborhoods with low commercial real estate costs and high market penetration, and adjust the office space size to meet the minimum requirements while minimizing costs.
Finally, the company should regularly monitor and adjust its strategy to adapt to changing market conditions.
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When discussing credit scores, your friends make the following statements. Which one of them is WRONG?
a. Casnell says, "Even if you close a credit card, the record of that card stays on your report for several years."
b. Joel says, "It's best to establish credit early, so you have a long credit history before you apply for a mortgage."
c. Jessie says, "Once you turn 18, it will be really easy to get approved for a credit card."
d. Kwame says, "Using your credit card every month, but paying off the balance each time, is a great way to boost your credit score."
The statement that is WRONG is option c, which says "Once you turn 18, it will be really easy to get approved for a credit card."
While it is true that turning 18 makes you eligible for a credit card, it does not guarantee approval. Credit card companies look at factors such as credit history, income, and debt-to-income ratio to determine if you are a suitable candidate for their card. Without any credit history, it can be difficult to get approved for a credit card, even if you are 18 or older.
Option a is true, as closing a credit card does not immediately remove it from your credit report. It may stay on your report for several years, and the length of time depends on the credit bureau and the specific card.
Option b is also true, as having a long credit history can positively impact your credit score. This is because it shows that you have a track record of responsibly managing credit.
Option d is also true, as using your credit card every month and paying off the balance each time can demonstrate responsible credit management and help boost your credit score over time.
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Harini had a lease with an option to buy on her condo since she wasn't financially stable enough to purchase the condo when she first signed the lease. Two years later Harini was in great financial shape, but she found out that the owner legally sold the condo to another buyer. Harini has to move out next month. What must have happened
As stated, Harini must leave by the end of the month or the option would expire.
What does a business purchase mean?A corporation or agency utilizes the purchasing process to buy products or services in order to achieve its objectives. Although many businesses make an effort to establish standards for the purchasing process, procedures can differ significantly between firms.
What is a sale or a purchase?A person can get the ownership of certain items or properties in his name from yet another party through the procedure of purchase in exchange for payment of money. Similar to the above, a selling is a technique wherein ownership of certain items particular properties is transmitted from one person (the seller) to another (the buyer), in exchange for a fee.
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for each subject, indicate whether her trh levels would be low, normal, or high. please explain your decision. discuss negative feedback control in your answer.
When TSH level is maintained ideally in a different range as directed by an endocrinologist, it may be during pregnancy, older age, a history of thyroid cancer, a history of pituitary gland illness, or any of these conditions.
What is a typical level of TRH?TSH levels should range from 0.5 to 5.0 mIU/L. When TSH is maintained ideally in a different range as directed by an endocrinologist, it may be during pregnancy, older age, a history of thyroid cancer, a history of pituitary gland illness, or any of these conditions. The typical range for FT4 is 0.7 to 1.9ng/dL.Hypothalamic hypothyroidism, often referred to as tertiary hypothyroidism, is the condition that results when low thyroid hormone levels are caused by an inability of the hypothalamus to generate Thyroid Releasing Hormone (TRH), which in turn stimulates the anterior pituitary to create TSH.It's most probable that your thyroid gland is producing too much thyroid hormone if your TSH level is too low.To learn more about TSH level refer to:
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what will happen to equlibrium GDP if the government increases taxesby $30 but does not increase spedning? Be specific
When taxes are raised, government expenditure also rises as well, which causes the real GDP to fall whenever taxes are raised.
What is GDP?The GDP of any country helps to determine the economy and the factors of growth. It helps to determine the value of goods produced and utilized by the consumer in a country.
The increase in GDP shows the growth factor which reflects increases in the purchasing parity of the consumer and they spend more on buying goods and services. This will show they improve the standard of living.
The real GDP will always fall whenever taxes are raised since eventually they will lead to higher government spending. Because of this, a $30 increase in after-tax income will result in a $30 decrease in real GDP in this particular situation.
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a recent research signified the large health benefits of eating cooked tomatoes. holding other things constant, this will cause a. the demand curve for tomatoes to shift to the right b. the demand curve for tomatoes to shift to the left c. the supply curve for tomatoes to shift to the right d. the supply curve for tomatoes to shift to the left
The recent research highlighting the health benefits of eating cooked tomatoes would likely cause the demand curve for tomatoes to shift to the right. Option a is correct.
This is because the increased awareness of the health benefits would lead to a higher demand for tomatoes, as more people would be inclined to consume them. However, it would not affect the supply curve for tomatoes, as the supply is determined by factors such as production and availability, which are not directly influenced by health benefits.
Therefore, the correct answer would be option A, the demand curve for tomatoes would shift to the right.
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(T/F) petty cash is a fund containing a small amount of cash that is used to pay for minor expenditures.
The statement " petty cash is a fund containing a small amount of cash that is used to pay for minor expenditures." is true because it provides a convenient and efficient way to manage these expenses.
Petty cash is a small amount of cash that is kept on hand by a business to cover small or minor expenses. This fund is usually maintained in a small cash box or drawer, and is managed by a designated employee or team who are responsible for disbursing the cash and maintaining records of all transactions.
Petty cash is typically used to pay for things like office supplies, postage, minor repairs, and other miscellaneous expenses that arise during the course of running a business. Because these expenses are often too small to justify writing a check or making a larger withdrawal from a bank account.
By keeping track of all petty cash transactions and regularly replenishing the fund, businesses can maintain accurate records of all their expenses and ensure that their cash flow remains balanced and under control.
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The average rate of interest a firm pays on its combination of debt and equity is known as:.
The average rate of interest a firm pays on its combination of debt and equity is known as
cost of capitalWhat is Capital?This is one of the factors of production which is used to he;p finance a business by giving it the much needed boost to grow and expand.
With this in mind, we can see that the average rate of interest which a firm pays on its combination of debt and equity is known as the cost of capital as it used to offset net deficits.
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when a company decides to invest in a operation, it builds its warehouse on a piece of land on which no building has been erected before.
When a company decides to invest in an operation, it may choose to build its warehouse on a piece of land on which no building has been erected before. This approach has several advantages.
Firstly, constructing a new warehouse ensures that the facility is designed and built according to the specific requirements of the company's operations. This allows for greater control over factors such as layout, equipment, and technology, which can improve operational efficiency and productivity.
Secondly, building a warehouse from scratch enables a company to incorporate sustainable design features that reduce energy consumption and minimize environmental impact. For example, the building can be equipped with advanced insulation materials, efficient lighting systems, and renewable energy sources such as solar panels or wind turbines.
Thirdly, constructing a new warehouse allows the company to have complete ownership and control over the property. This eliminates the need to lease space from third-party landlords, which can be expensive and limit flexibility.
However, building a new warehouse also presents some challenges and costs. The construction process can be time-consuming and requires significant capital investment. Moreover, the company must ensure that the new facility complies with regulations and zoning laws.
In conclusion, while building a new warehouse on undeveloped land presents both benefits and challenges, it offers companies increased control, sustainability, and ownership over their facilities, ultimately leading to improved operational efficiency and productivity.
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A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
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fill in the blank. Holt Computer Services received $200 from a customer that it had billed earlier in the month. Illustrate how to record the transaction to the T-accounts by completing the following sentences.
Accounts receivable would be ________(debited/credited) on the _____________(left/right) side of the T-account, and Cash would be ___________(debited/credited) on the __________(left/right) side of the T-account.
Accounts receivable would be credited on the right side of the T-account, and Cash would be debited on the left side of the T-account.
Cash would be deducted from the T-left account's side, while Accounts Receivable would be credited to the right side. This is because when a company receives payment from a customer, the company's accounts receivable account is decreased (credited) and the company's cash account is increased (debited).
The T-account is a visual representation of a company's accounts, with the left side representing debits and the right side representing credits. Therefore, the transaction would be recorded as a credit to accounts receivable on the right side of the T-account and a debit to cash on the left side of the T-account.
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Marcel wants to open a car wash after graduating from high school. For several days, he observed the cars being washed at a local car wash and recorded the following information: Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 50 cars 45 cars 48 cars 26 cars 47 cars 55 cars What is the average number of cars washed each day? If the car wash were open only five days a week, how many cars might be washed per year? (Hint: There are 52 weeks in a year.)
The average number of cars washed each day is 45 cars and the total number of cars washed in a year is 11,700.
What is mean?In statistics, in addition to the mode and median, the mean is one of the measures of central tendency. Simply put, the mean is the average of the values in the given set. It indicates that values in a particular data set are distributed equally. The three most frequently employed measures of central tendency are the mean, median, and mode. The total values provided in a datasheet must be added, and the sum must be divided by the total number of values in order to determine the mean.
Given a table for car washing each day,
Day 1 Day 2 Day 3 Day 4 Day 5 Day 6
50 45 48 26 47 55
Average for cars washed each day,
Average = sum of cars washed/number of days
sum of cars washed = 50 + 45 + 48 +26 + 47 + 55
the sum of cars washed = 271
total days = 6
average = 271/6 = 45.1667
average car washed each day = 45
If the car wash were open only five days a week, how many cars might be washed per year,
total car washed in year = (number of days)(average car washed)(year week)
total car washed in year = 5 x 45 x 52
total car washed in year = 11,700
Hence average car washed each day is 45 and the total car washed in a year is 11,700.
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Make a Claim
Dana needs to use the information from her 1098-T form to determine if
she qualifies for a tax credit. If information is missing on her 1098-T form,
leave the matching input field blank.
Input amounts from the 1098-T form into matching tax preparation software fields.
Answer:
1545-1574 for the empty boxes
Explanation:
Answer: Leave box number 4 blank
Explanation: The directions say to leave certain boxes blank if the answer isnt in the form