Shannon Hunter and two of her friends from UGA Law School recently formed a limited liability partnership (LLP) called Hunter and Associates. The three partners will split the income equally. The partnership will represent clients in bankruptcy and foreclosure matters. While some of Shannon’s attorney friends have suggested that the partners’ earnings will be self-employment income, some other colleagues they know from their local bar association meetings claim just the opposite. After examining relevant authority, explain how you would advise Hunter and Associates on this matter? {Hint: See §1402(a)(13) and Renkemeyer, Campbell & Weaver LLP v. Commissioner, 136 T.C. 137 (2011)} Prepare a memo analyzing the issue based on the relevant authorities you find. Document the conclusion to the issue based on your research and analysis.

Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2017, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items athrough h that require adjusting entries on December 31, 2017, follow.
  
Additional Information Items

1. An analysis of WTI's insurance policies shows that $3,468 of coverage has expired.
2. An inventory count shows that teaching supplies costing $3,006 are available at year-end 2017.
3. Annual depreciation on the equipment is $13,871.
4. Annual depreciation on the professional library is $6,936.
5. On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,800, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2018.
6. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $4,019 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received. (WTI's accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual.)
7. WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.
8. The balance in the Prepaid Rent account represents rent for December.

3-a. Prepare Wells Technical Institute's income statement for the year 2017.
3-b. Prepare Wells Technical Institute's statement of owner's equity for the year 2017.
3-c. Prepare Wells Technical Institute's balance sheet as of December 31, 2017.
  

Your patient is a 39-year old high school guidance counselor who was diagnosed with Chrone’s disease (an inflammatory bowel disease) when he was a teenager. Last year, he had a small bowel obstruction that could not be relieved with nonsurgical procedures, and he underwent emergency surgery that removed 80% of his ileum. Since the surgery, his stool has been oily. Why? (Hint: consider the consequence of reduced enterohepatic circulation).

This patient also suffers from “bile acid diarrhea”. Why would this surgery result in diarrhea? Why doesn’t this occur in a healthy person?

Case 6

Ross Adams is a 17 year old football player in high school. While walking to the sideline, Ross took off his helmet and appeared confused. Falling to his knees, he began to vomit. He complained of severe head pain, nausea, and vertigo. His coach called 911.

When the EMTs arrived, he was alert and oriented. The EMTs asked whether he had fallen or been hit on the head, and he reported that he was hit a couple times over the last couple days, but not in the last few minutes. His skin was pale, cool, and moist. His pulse was 54, regular, and strong. His respiration was 16, abnormal rhythm, shallow, and labored. His blood pressure was 157/102 mmHg. His right pupil was 5mm and nonreactive to light, and his left pupil was 3mm and minimally reactive. Recognizing the signs of increased intracranial pressure, the EMTs immediately transported him to the nearest emergency department.

Upon arrival at the emergency department, he vomited again. His blood pressure was 200/100 mmHg and his pulse was 48. His reflexes were intact. A nurse administered mannitol 1g/kg rapidly by intravenous push.

A CT image of the brain revealed an acute 1.3 cm subdural hematoma in the left hemisphere. At this point, Ross became unresponsive. He was taken to the operating room for an emergent craniectomy and decompression.

Questions:

22.Which of the signs and symptoms indicated that Ross had increased intracranial pressure? For each, why?

23.Why did Ross’s blood pressure continue to rise?

24.Why was mannitol administered? What does it accomplish and how does it work?

25.How does a subdural hematoma compare with an epidural hematoma, a subarachnoid hemorrhage, or intracerebral hemorrhage in terms of cause and manifestation?

Case 1

Cindy Brown is a 80 year old widow who was brought into the emergency room one evening by her brother. Early in the day, Mrs. Brown had seen bright red blood in her stool. She continued with her daily activities: she cleaned her house in the morning, had lunch with her daughter, and volunteered at the local library. However, the bleeding continued all day, and she started feeling light-headed. By dinnertime she decided to ask her brother for help. Mrs. Brown does not smoke or drink alcoholic beverages. She takes aspirin, as needed, for arthritis.

In the emergency room, Mrs. Brown is confused and anxious. Her skin is pale, cool, and moist. Her pulse is 116, regular, and weak. Her respirations are 22, regular, normal volume, and unlabored. Her blood pressure is 90/60 supine. The nurse takes a standing blood pressure as well, and it is 75/45. Her hematocrit is 29%.

A colonoscopy shows that the bleeding came from a herniation in the colonic wall. Mrs. Brown’s physician orders a normal saline infusion, which the nurse starts, and a blood sample to be drawn to be typed to prepare for a blood transfusion. Mrs. Brown receives two units of whole blood, and is admitted for observation. She is instructed not to take aspirin.

Questions:

1. Describe the body’s sequence of events that led to Mrs. Brown becoming light-headed and needing to seek help.

2. Discuss the physiological reason for each of the signs that you assessed (skin, pulse, respiration, blood pressure, hematocrit).

3. Discuss the rationale behind each of the treatments provided (normal saline, blood transfusion, no aspirin).

4. Had her blood loss been more severe, Mrs. Brown might have received a low dose of dopamine. Why is low-dose dopamine helpful in the treatment of hypovolemic shock?

Sheffield Corp. designs and manufactures mascot uniforms for high school, college, and professional sports teams. Since each team’s uniform is unique in color and design, Sheffield uses a job order costing system. On January 1, the T-accounts for some of Sheffield’s primary balance sheet accounts were as follows:

During the year, the following events occurred:

Record the transactions above in the appropriate T-accounts and calculate ending balances

Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2017, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31, 2017, follow.
  
Additional Information Items

An analysis of WTI's insurance policies shows that $2,674 of coverage has expired.

An inventory count shows that teaching supplies costing $2,318 are available at year-end 2017.

Annual depreciation on the equipment is $10,698.

Annual depreciation on the professional library is $5,349.

On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,900, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2018.

On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $2,361 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received. (WTI's accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual.)

WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.

The balance in the Prepaid Rent account represents rent for December.

2-a. Post the balance from the unadjusted trial balance and the adjusting entries in to the T-accounts.
2-b. Prepare an adjusted trial balance.
  

To encourage good grades, Hermosa High School has decided to award each student a bookstore credit that is 10 times the student’s grade point average. In other words, a student with a 3.2 grade point average receives a $32.0 credit. Create an application that prompts a student for a name and grade point average, and then passes the values to a method (computeDiscount) that displays a descriptive message. The message uses the student’s name, echoes the grade point average, and computes and displays the credit, as follows: John, your GPA is 3.4, so your credit is $34.0. Grading Write your Java code in the area on the right. Use the Run button to compile and run the code. Clicking the Run Checks button will run pre-configured tests against your code to calculate a grade.

Case Study 1: School Custodians

Description of work task(s):

• Worker had to scrub and burnish the floors, clean the carpets, lift garbage cans above shoulder level to empty into the dumpster, and carry cafeteria tables to mop the floor daily.

Hazards associated with task(s):

• Ergonomic assessment of the job verified that numerous task performed by the custodian were hazardous.

Injuries associated with task(s):

• Worker suffered from serious shoulder injury.

Using the above information, please provide the following:

1. Identify the ergonomic risk factors.
2. What type of solution or solutions will address the risk factors (Engineering, Administrative, Personal Protective Equipment)?
3. What are the benefits associated with the solution(s)?

You recently read an article in your school newspaper about Professor Rodney Taylor, one of your favorite professors in the religious studies department. According the article, he and the university have been negotiating an early retirement package and are reached a stumbling block. Under the agreement, Professor Taylor is to receive a lump-sum payment equal to one year's salary in exchange for his retirement and the release of any and all rights associated with his tenure status. While recognizing that the payment would be subject to income tax, Taylor contends that the amount is not earned income and thus should not be subject to the FICA tax. The university negotiators say that they are not aware of any authority that supports Taylor's view. In fact, they have learned that other universities in the state system have been withholding amounts for FICA for years in situations involving early retirement buyout packages for high-level administrators. The university's position is that lacking the authority to not withhold for FICA and given the precedent set in similar early retirement packages at other universities, they are obligated to withhold FICA from the payment. You want to come to the aid of Professor Taylor. Obviously, if the payments are considered wages subject to the FICA tax, the value of the offer to Professor Taylor will be significantly reduced. Can you find any authority for his position? Evaluate the position of the university and of the professor. Do the following: (1) Give your opinion. In it, show authorities, citing law, regulations, interpretations and decisions applicable. (2) Enumerate and explain every step you take in reaching your result. These are extremely important - just as important as the conclusion itself.

Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Its unadjusted trial balance as of December 31 follows along with descriptions of items a through h that require adjusting entries on December 31.

1. An analysis of WTI's insurance policies shows that $3,335 of coverage has expired.
2. An inventory count shows that teaching supplies costing $2,891 are available at year-end.
3. Annual depreciation on the equipment is $13,342.
4. Annual depreciation on the professional library is $6,671.
5. On September 1, WTI agreed to do five courses for a client for $2,600 each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client paid $13,000 cash in advance for all five courses on September 1, and WTI credited Unearned Training Fees.
6. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31, $9,903 of the tuition has been earned by WTI.
7. WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.
8. The balance in the Prepaid Rent account represents rent for December.
   

3-a. Prepare Wells Technical Institute's income statement for the year.
3-b. Prepare Wells Technical Institute's statement of retained earnings for the year. The Retained Earnings account balance was $76,000 on December 31 of the prior year.
3-c. Prepare Wells Technical Institute's balance sheet as of December 31.