Carolyn Is Single and Has a College Degree in Finance

question 46

Multiple Choice

Carolyn is single and has a college degree in finance.She is employed as a loan officer at a bank;her yearly AGI approximates $50,000.During 2010,she enrolled in a weekend MBA program and incurred the following nonreimbursed expenses: $3,900 (tuition) ,$300 (books) ,$200 (other school supplies) ,and $200 (transportation to and from campus) .Disregarding the 2%-of-AGI limitation,as to the MBA program,Carolyn has a:

• A)Deduction for and deduction from AGI of $0.
• B)Deduction for AGI of $3,900 and deduction from AGI of $700.
• C)Deduction for AGI of $4,000 and deduction from AGI of $600.
• D)Deduction for AGI of $4,100 and deduction from AGI of $500.
• E)None of the above.

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Definitions:

Popliteal Artery

The continuation of the femoral artery behind the knee, it supplies blood to the knee joint and surrounding muscles.

Anterior Tibial Artery

A major blood vessel in the lower leg that supplies blood to the anterior compartment of the leg and dorsum of the foot.

Posterior Tibial Artery

A major artery of the lower leg, supplying blood to the posterior compartment of the leg and plantar surface of the foot.

Thoracic Aorta

The portion of the aorta passing through the chest, from which arise the branches that supply oxygenated blood to the chest cage and organs within the thorax.