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For the Clean and Squeaky, LLC return, choose the response that provides the most complete...

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Accounting

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For the Clean and Squeaky, LLC return, choose the response that provides the most complete information reganding how the return would be different if Marcus did not have health insurance provided by the company? Salary expense on page 1, line 7 , would be higher, line 18 would have an entry, and ordinary income would not change. Schedule K1, box 17 , would reflect code V and code AD. No changes would be reflected on the salary expense on page 1, on line 7 ordinary income would be higher in all reported places on the return. Schedule K1, box 17 , would reflect code V and code AD. Salary expense on page 1, line 7, would be less; ordinary income would increase in all reported places on the return; page 4, line 17d, would have no entries. Schedule K1, box 17 , would only reflect code V. The salary expense on page 1, line 7, would be lower, and line 18 would be higher by the same amount, but no other changes ld be reflocted on the return

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