ACTUAL EXPLANATIONS ONLY PLEASE // Now, let's look at revenue. Revenue is hard to forecast and generally requires some experience in the industry. For this exercise, we'll give you projections. For the first Haute Salon, the following revenue was projected for the first seven weeks: 200, 400, 330 , 5400, 7700, 9700, 11500.

Now consider the week 1 revenue, total expenses, and cost of purchasing the equipment How much cash will you lose (revenue minus expenses) in the first week? [Include the equipment costs.]

a) About $12,000
b) About $17,000
c) About $23,000

extra information:
total equipment cost: 6,500$
stylists demand 30&/hour & weekly salaries approximate to: 8,000$
major expenses (minor expenses ignored): 10,780$

answer is b) 17,000$

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).