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Tax Prep question. Need ASAP! Joyce writes children's books for a variety of publishers. She...

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Accounting

Tax Prep question. Need ASAP!

Joyce writes children's books for a variety of publishers. She has been self-employed since 2010. As a freelance writer, Joyce incurs costs associated with preparing a manuscript for which she does not yet have a contract. During the year, Joyce makes 4 business trips, each 3 days long, to meet with various publishers. For shorter trips that are closer to home, she either drives or takes the train and returns the same day. On December 10, 218, Joyce receives an advance (see below) on her next book. Under the contract, Joyce is scheduled to begin work on the book February 1, 2019, and must have it completed by November 30, 2019. The Schnappaufs' home has two telephones. Joyce has a separate phone number for her business. The information on Joyce's business is listed below.

Royalties include: 5170, 6250, 11,200

Publisher's advance: 4000

Office Supplies: 170

Train tickets: 535

Airfare (4 trips): 1670

Lodging (12 nights): 2240

Meals (12 days): 610

Telephone ($28 monthly fee per line): 672

Internet provider: 570

Cellphone, including business calls: 913

Business-related postage: 87

Printing/copying: 162

Legal fees: 2,000

Interest on auto: 254

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