H and M, Married with Two Dependent Children, Operate a Piano

question 42

Multiple Choice

H and M, married with two dependent children, operate a piano and organ store.Their records for the current year revealed the following: Gross income from sales $\quad$$\quad \$ 175,000$
Business operating expenses $\quad$$\quad$ 250,000
Interest income from inv estment $\quad$$\quad 6,000$
Interest expense on home mortgage $\quad$ $\quad 9,000$
Long-term capital gain (business) $\quad$$\quad 3,000$
Long-term capital loss (business) $\quad$$\quad 3,500$ Their net operating loss for the year is

• A)$75,000
• B)$75,500
• C)$78,500
• D)$82,000

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Definitions:

Gap Junctions

Specialized cell-cell connections that enable direct communication by allowing the transfer of ions and small molecules between neighboring cells.

ATP

ATP, a molecule responsible for transporting energy throughout cells for metabolic processes.

Phospholipids

A class of lipids that are a major component of all cell membranes as they can form lipid bilayers due to their amphiphilic characteristic.

Phagocytosis

The cellular process of engulfing solid particles by the cell membrane to form an internal compartment known as a phagosome.