Please prepare the Schedule C

profileuser135
222.docx

Below is the taxpayer information for Beverly Johnson:

Beverly (SS# 138-09-1983, date of birth: April 2, 1968) is a self-employed consultant whose business uses the accrual method of accounting. Her principal business code is 540700. Her business is located at 1501 Broadway, New York, N.Y., 10019. During the year, she had the following income and expense items:

Income

Professional Fees Earned $250,000

Expenses

Office Expenses $ 5,413

Depreciation $ 15,250

Rent on Office Space $ 30,500

Advertising $ 7,577

Malpractice Insurance $ 6,000

Utilities $ 5,552

Travel (950 business miles driven) ?

Taxes & Licenses $5,500

Salary for her bookkeeper $15,550

Meals & Entertainment $ 13,050

Supplies $ 5,685

Accounting Fees $9,765

Legal Fees $10,250

Interest on Bank Loan $4,550

Cellphone for biz usage $1,500

Suits/Uniform $2,800

REQUIRED:

Please prepare the Schedule C (see attachment) for Beverly Johnson

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