Riva Works at a Full-Time Job,but Also Restores Her Antique

question 86

Multiple Choice

Riva works at a full-time job,but also restores her antique doll collection and sells them on eBay.She received $10,000 of sales revenue and paid $12,000 of supplies expense.A number of factors must be weighed to determine the appropriate classification of the activity.Depending on that classification,the net effect on her taxable income will be

• A) \[\begin{array} { |l | l| }
• \hline\text { Business } & \text { Hobby } \\
• \hline \text { a reduction of } \$ 2,000&\text {. a reduction of } \$ 2,000 \text {. }\\\hline
• \end{array}\]
• B) \(\begin{array}{|l|l|}
• \hline\text { Business } & \text { Hobby } \\
• \hline \text { a reduction of } &\$ 2,000 \text { a net change } \$ 0\\\hline
• \end{array}\)
• C) \[\begin{array} {| l | l |}
• \hline \text { Business } & \text { Hobby } \\
• \hline & \text { an increase of } \\
• \text { a net change of } \$ 0 \text {. } \$ 2,000 & \$ 10,000 .\\\hline
• \end{array}\]
• D) \[\begin{array} {| l | l |}
• \hline \text { Business } & \text { Hobby } \\
• \hline & \text { an increase of } \\
• \text { a reduction of } \$ 2,000 & \$ 10,000 .\\\hline
• \end{array}\]

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Definitions:

Sexual Orientation

An enduring pattern of romantic or sexual attraction (or lack thereof) to persons of the opposite sex, same sex, both sexes, or more than one gender.

Sexual Dysfunction

A term used to describe any problems during any phase of the sexual response cycle that prevent the individual or couple from experiencing satisfaction from the sexual activity.

Values Conflicts

Situation where two or more values that an individual holds are in opposition, creating a dilemma or discomfort.

Vaginal Infections

Health conditions involving inflammation or infection of the vagina, often caused by bacteria, yeast, or other organisms.