Julien and Sarah are married, file a joint return with AGI of $126,000, and have two dependent children, Kaya and Christopher. Kaya just finished her third year at college and Christopher just finished his first year of graduate school (fifth year of college). Qualified education expenses for 2019 were $4,000 for Kaya and $5,000 for Christopher.

Compute the following amounts for Julien and Sarah's education credits for 2019 :

a: American Opportunity Credit before any phaseout

b: American Opportunity Credit after any phaseout

c: Lifetime Learning Credit before any phaseout

d: Lifetime Learning Credit after any phaseout

e: Total education credits they can claim

C++

Bubble Sort

Write a program that ask user to enter 7 numbers and store that in array. Display that all numbers before and after performing Bubble sort. You must have to create new function with required parameter to perform Bubble sort.

Sample Run :-

Enter 1 number :- 1

Enter 2 number :- 5

Enter 3 number :- 7

Enter 4 number :- 45

Enter 5 number :- 90

Enter 6 number :- 6

Enter 7 number :- 55

Numbers Before Bubble Sort :-

1 5 7 45 90 6 55

Numbers after Bubble sort :- 1 5 6 7 45 55 90

Consider the titration of a weak base (B- ) with a strong acid (HCl). Draw (this can be hand drawn) a pH (not pOH) vs mL HCl graph (it will not look the same as the one in question #13; if you start with a weak base, will the pH be low or high? As H+ is added, will the pH increase or decrease?). Label the titration curve with letters A-E, and describe the relative quantities of the dissociated base (B- ) and its conjugate acid (HB), H+ and OHat each point throughout the titration (before the ½ equivalence point [A], at the ½ equivalence point [B], after the ½ equivalence point but before the equivalence point [C], at the equivalence point [D], and after the equivalence point [E]). Locate the position where pH = pKb on your graph.

Branson paid $546,200 cash for all of the outstanding common stock of Wolfpack, Inc., on January 1, 2020. On that date, the subsidiary had a book value of $420,000 (common stock of $200,000 and retained earnings of $220,000), although various unrecorded royalty agreements (10-year remaining life) were assessed at a $108,000 fair value. Any remaining excess fair value was considered goodwill.

In negotiating the acquisition price, Branson also promised to pay Wolfpack’s former owners an additional $64,000 if Wolfpack’s income exceeded $140,000 total over the first two years after the acquisition. At the acquisition date, Branson estimated the probability-adjusted present value of this contingent consideration at $44,800. On December 31, 2020, based on Wolfpack’s earnings to date, Branson increased the value of the contingency to $51,200.

During the subsequent two years, Wolfpack reported the following amounts for income and dividends:

In keeping with the original acquisition agreement, on December 31, 2021, Branson paid the additional $64,000 performance fee to Wolfpack’s previous owners.

Prepare each of the following:

1. Branson’s entry to record the acquisition of the shares of its Wolfpack subsidiary.

2. Branson’s entries at the end of 2020 and 2021 to adjust its contingent performance obligation for changes in fair value and the December 31, 2021, payment.

3. Prepare consolidation worksheet entries as of December 31, 2021, assuming that Branson has applied the equity method.

4. Prepare consolidation worksheet entries as of December 31, 2021, assuming that Branson has applied the initial value method.

The current assets and current liabilities sections of the balance sheet of Crane Company appear as follows.

The following errors in the corporation’s accounting have been discovered:

(a1) Calculate the following adjusted balances.

Branson paid $573,200 cash for all of the outstanding common stock of Wolfpack, Inc., on January 1, 2020. On that date, the subsidiary had a book value of $430,000 (common stock of $200,000 and retained earnings of $230,000), although various unrecorded royalty agreements (10-year remaining life) were assessed at a $133,000 fair value. Any remaining excess fair value was considered goodwill.

In negotiating the acquisition price, Branson also promised to pay Wolfpack’s former owners an additional $44,000 if Wolfpack’s income exceeded $150,000 total over the first two years after the acquisition. At the acquisition date, Branson estimated the probability-adjusted present value of this contingent consideration at $30,800. On December 31, 2020, based on Wolfpack’s earnings to date, Branson increased the value of the contingency to $35,200.

During the subsequent two years, Wolfpack reported the following amounts for income and dividends:

In keeping with the original acquisition agreement, on December 31, 2021, Branson paid the additional $44,000 performance fee to Wolfpack’s previous owners.

Prepare each of the following:

1. Branson’s entry to record the acquisition of the shares of its Wolfpack subsidiary.

2. Branson’s entries at the end of 2020 and 2021 to adjust its contingent performance obligation for changes in fair value and the December 31, 2021, payment.

3. Prepare consolidation worksheet entries as of December 31, 2021, assuming that Branson has applied the equity method.

4. Prepare consolidation worksheet entries as of December 31, 2021, assuming that Branson has applied the initial value method.

Please show all work/provide explanations as appropriate, including clearly defining any variables that you use in the applied problems.

1) According to United Nations estimates ( http://www.worldometers.info/world-population/ ) , the population of the world at the start of 2020 was about 7.795 billion, and it is growing at about 1.05% per year.

a. Find an exponential growth model (i.e. write down an exponential function) that gives the earth’s population in billions as a function of time as measured by number of years after 2020. Be sure to clearly and carefully define your variables.

b. According to the model, what will the world population be in 2030? Solve algebraically as opposed to using a table of values or a graph.

c. Again, according to the model, how long will it take the population to double? Solve this algebraically; that is, do not simply use a table or graph.

d. In what year will the population reach 20 billion? Again, solve without resorting to a table of values or a graph.

2) Refer to the population model you found in problem 1. a. Sketch a graph of your model, displaying at least the next 200 years. You may carefully sketch the graph by hand on graph paper,

b. What is the average rate of change of the world population as described by your model over the next 100 years? (so, from 2020 to 2120, or t = 0 to t = 100)

c. What is the average rate of change from 2020 to 2050?

d. Describe how you could estimate the rate of change of the world population in 2030, and then carry out and show the steps you describe to give an estimate.

Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns 60 shares with a basis of $6,600, and Clyde owns the remaining 40 shares with a basis of $15,000. At year-end, Getaway is considering different alternatives for redeeming some shares of stock. Evaluate whether each of the following stock redemption transactions will qualify for sale and exchange treatment.

a. Getaway redeems 10 of Bonnie’s shares for $5,000. Getaway has $26,000 of E&P at year-end and Bonnie is unrelated to Clyde.

b. Getaway redeems 29 of Bonnie’s shares for $10,000. Getaway has $26,000 of E&P at year-end and Bonnie is unrelated to Clyde.

c. Getaway redeems 8 of Clyde’s shares for $5,500. Getaway has $26,000 of E&P at year-end and Clyde is unrelated to Bonnie.

Suppose that, prior to the passage of the Truth in Lending Simplification Act and Regulation Z, the demand for consumer loans was given by Qdpre-TILSA = 14 -90P (in billions of dollars) and the supply of consumer loans by credit unions and other lending institutions was QSpre-TILSA = 6 + 70P (in billions of dollars). The TILSA now requires lenders to provide consumers with complete information about the rights and responsibilities of entering into a lending relationship with the institution, and as a result, the demand for loans increased to Qdpost-TILSA = 26 -90P (in billions of dollars). However, the TILSA also imposed “compliance costs” on lending institutions, and this reduced the supply of consumer loans to QSpost-TILSA = 2 + 70P (in billions of dollars). Based on this information, compare the equilibrium price and quantity of consumer loans before and after the Truth in Lending Simplification Act.(Note: Q is measured in billions of dollars and P is the interest rate). Instruction: Enter your responses for the equilibrium price in percentage terms, and round all responses to one decimal place. Equilibrium price (interest rate) before TILSA: percent Equilibrium quantity (in billions of dollars) before TILSA: $ billion Equilibrium price (interest rate) after TILSA: percent Equilibrium quantity (in billions of dollars) after TILSA: $ billion

Suppose that, prior to the passage of the Truth in Lending Simplification Act and Regulation Z, the demand for consumer loans was given by Qdpre-TILSA = 14 -90P (in billions of dollars) and the supply of consumer loans by credit unions and other lending institutions was QSpre-TILSA = 6 + 70P (in billions of dollars). The TILSA now requires lenders to provide consumers with complete information about the rights and responsibilities of entering into a lending relationship with the institution, and as a result, the demand for loans increased to Qdpost-TILSA = 26 -90P (in billions of dollars). However, the TILSA also imposed “compliance costs” on lending institutions, and this reduced the supply of consumer loans to QSpost-TILSA = 2 + 70P (in billions of dollars).

Based on this information, compare the equilibrium price and quantity of consumer loans before and after the Truth in Lending Simplification Act.(Note: Q is measured in billions of dollars and P is the interest rate).

Instruction: Enter your responses for the equilibrium price in percentage terms, and round all responses to one decimal place.

Equilibrium price (interest rate) before TILSA:  percent

Equilibrium quantity (in billions of dollars) before TILSA: $  billion

Equilibrium price (interest rate) after TILSA:  percent

Equilibrium quantity (in billions of dollars) after TILSA: $  billion