Ruth and Jeff Own an Unincorporated Hardware Store

question 61

Essay

Ruth and Jeff own an unincorporated hardware store.They determine their salaries at the end of the year by using the amount required to reduce the net income of the hardware store to $0.Based on this policy,Ruth and Jeff each receive a total salary of $175,000.This is paid as follows: $10,000 per month and $55,000 on December 31.Determine the amount of the salary deduction.

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Definitions:

Dynamic IP

Dynamic IP is a type of Internet Protocol address that can change each time a device connects to the internet, as opposed to a static IP, which remains constant.

Applet

A small application designed to run within another application or web page, often requiring minimal resources.

JavaScript

An Internet protocol (IP) addressing scheme that makes IP addresses longer, thereby providing more available addresses.

DOM

Document Object Model; a programming interface for web documents, representing the page so that programs can change the document structure, style, and content.