A Development Company acquired some land for development into a suburban utopia. Cost of lots acquired 24,600,000 Number of lots purchased 200 Number and types of lots Number Sales price Lake front 40 204,000 Golf view 70 154,000 Other 90 117,000 Total number of lots 200 Using the relative sales value approach, what is the cost allocated to

Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?