Bill,age 40,is Married with Two Dependents

question 69

Multiple Choice

Bill,age 40,is married with two dependents.Bill had the following items for the year 2012: Based on the above information,what is the net operating loss for Bill and his spouse for the year 2012?

• A) $0.
• B) $5,000.
• C) $7,000.
• D) $12,000.
• E) None of the above.

---

Definitions:

Haida Village

A settlement historically inhabited by the Haida, an indigenous people of the Pacific Northwest Coast of North America.

Totem Poles

Large wooden poles carved and painted with a series of symbols or figures, significant in various Indigenous cultures of the Pacific Northwest.

Queen Charlotte Island

An incorrect name for Haida Gwaii, an archipelago off the northern coast of British Columbia, Canada, known for its rich indigenous Haida culture.

Mask

A covering for the face, typically used in rituals, performances, or as part of a costume, that can hide or alter the wearer's identity.