Solution-Prepare a Schedule C or Schedule C for the case

Prepare a Schedule C or Schedule C for the case

Reference no: EM133127221

Question - Prepare a Schedule C or Schedule C for the following case: Rafael Marrero is married and has a sports uniform sales business. Sales for this taxable year were $100,000. Rafael had the following expenses in his business:

Expenses	Amount
Insurance	$600
Comissions	$4,000
Office Expenses	$1,500
Rent	$12,000
Utilities	$1,500
Licenses	$500

Cost of goods sold
Inventory at the beginning of the year	$25,000
Shopping	$15,000
Assembly labor cost	$3,000

Reference no: EM133127221

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Prepare a Schedule C or Schedule C for the case

Reference no: EM133127221

Reference no: EM133127221

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