Sammy and Monica, both age 67, incur and pay medical expenses in excess of insurance reimbursements during the year as follows: For Sammy $16,000 For Monica (spouse) 4,000 For Chuck (son) 2,500 For Carter (Monica's father) 5,000 Sammy and Monica's
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Robyn Company produces and sells automobile batteries. The sales forecast for 2019 is as follows: Quarter Batteries (in units) 1 5,000 2 7,000 3 8,000 4 10,000 The January 1, 2019 inventory of batteries is forecasted to be 2,000 units.
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