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On December 31,2015,Lavender,Inc

question 4

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On December 31,2015,Lavender,Inc. ,an accrual basis C corporation,accrues a $50,000 bonus to Barry,its vice president and a 40% shareholder.Lavender pays the bonus to Barry,who is a cash basis taxpayer,on March 14,2016.Lavender can deduct the bonus in 2016,the year in which it is included in Barry's gross income.


Definitions:

Physiological Variable

A measurable factor that reflects the condition or state of an organism's body functions or processes.

Spiritual Well-Being

A state of inner peace and satisfaction related to one's beliefs, purpose, and connection to something greater than oneself.

Created Environment

An environment that is intentionally designed or modified by human action to achieve specific health or therapeutic outcomes.

Extrapersonal Environment

The external surroundings, conditions, or factors that exist outside of the individual but can influence their behavior or condition.

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