The costs of organizing a corporation include legal fees, fees paid to the state of incorporation, fees paid to promoters, and the costs of meetings for organizing the promoters. These costs are said to benefit the corporation for the entity's entire life. These costs should be

Calculate the total payments on a $200,000 mortgage if payment is made at the beginning of each

month, and the annual interest rate is 5.5 percent for 30 years. A) $408,808 B) $548,987 C) $3,960,000 D) $300,160

When an insured dies with an incident of ownership in a life insurance contract:

A) the face amount is included in the gross estate B) the face amount is not taxed at all due to a loophole in estate tax laws C) only the cash value at death is included in the estate D) only is taxed due to the spouse's assumed half ownership