Mo Rocka is transferred to a new job by her employer. Thetransfer meets the...

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Accounting

Mo Rocka is transferred to a new job by her employer. Thetransfer meets the distance and time tests. She incurs packing andmoving expenses of $4,100. The cost of her lodging during the moveis $650 and she spends $200 for meals during the move. She drivesthe 2,687 miles from her previous home to her new home (2017mileage rate is $0.17 and the 2018 mileage rate is $0.18 per mile).She is reimbursed $5,000 for the cost of her move by her employer.Calculate Mo’s deductible moving expenses if:
The move took place in 2017 and she is employed by a privatecompany: $__________

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Given Details The transfer of Mo Rock from her old job to a new job meets the distance and time tests Calculation of Deductible Moving Expenses of Mo Rocka Particulars AmountIn Dollars 1 Packing and Moving Expenses 410000 2 Cost of See Answer

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In: AccountingMo Rocka is transferred to a new job by her employer. Thetransfer meets the distance...Mo Rocka is transferred to a new job by her employer. Thetransfer meets the distance and time tests. She incurs packing andmoving expenses of $4,100. The cost of her lodging during the moveis $650 and she spends $200 for meals during the move. She drivesthe 2,687 miles from her previous home to her new home (2017mileage rate is $0.17 and the 2018 mileage rate is $0.18 per mile).She is reimbursed $5,000 for the cost of her move by her employer.Calculate Mo’s deductible moving expenses if:The move took place in 2017 and she is employed by a privatecompany: $__________