omplete Schedule C on Pages 3-41 and 3-42 for Scott showing Scott’s net income from self-employment

Scott Butterfield is self-employed as a CPA. He uses the cash method of accounting, and his Social Security number is 644-47-7833. His principal business code is 541211. Scott’s CPA practice is located at 678 Third Street, Riverside, CA 92860. During 2016, Scott had the following income and expenses: Fees from CPA practice………………………………. $130,100 Expenses: Car mileage (4,074 business miles) …………………… 2,200 Business insurance …………………………………….. 870 Office expense ………………………………………… 3,500 Rent on office space ………………………………… 13,800 Country club dues …………………………………… 3,200 Continuing professional education expenses ………… 300 Contribution to Political Action Committee …………. 250 City business license ………………………………… 250 Travel expense ………………………………………. 4,100 Meals and entertainment (100%) ……………………. 5,400 Utilities ………………………………………………. 2,724 Wages of secretary ………………………………….. 29,400 Scott placed his car in service on January 1, 2013. This year, he commuted 3,250 miles in it and drove it 4,500 miles for nonbusiness purposes. His wife has a car for personal use. Complete Schedule C on Pages 3-41 and 3-42 for Scott showing Scott’s net income from self-employment. View Solution:
Scott Butterfield is self employed as a CPA He uses the

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