Ms. Mollani owns stock in two S corporations, Aloha and Honu. This year, she had the following income and loss items:
$$\begin{array} { | l | c | }
\hline \text { Salary } & \$ 45,000 \
\hline \text { Business income from Aloha } & \$ 12,000 \
\hline \text { Business loss fron Horu } & \$ ( 17,000 ) \
\hline
\end{array}$$

Question

Ms. Mollani owns stock in two S corporations, Aloha and Honu. This year, she had the following income and loss items:
 $$\begin{array} { | l | c | } 
\hline \text { Salary } & \$ 45,000 \
\hline \text { Business income from Aloha } & \$ 12,000 \
\hline \text { Business loss fron Horu } & \$ ( 17,000 ) \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Ms. Mollani owns stock in two S corporations, Aloha and Honu. This year, she had the following income and loss items:
 $$\begin{array} { | l | c | } 
\hline \text { Salary } & \$ 45,000 \
\hline \text { Business income from Aloha } & \$ 12,000 \
\hline \text { Business loss fron Horu } & \$ ( 17,000 ) \
\hline
\end{array}$$

Ms Mollani Owns Stock in Two S Corporations, Aloha and Honu