Looking at the spreadsheet, I need to understand what’s being asked. Since there’s no explicit question provided by the user, but they said “solve the problem,” and given this is an expense tracker for Schedule C (business taxes), the most likely task is to verify or calculate something related to deductible expenses — perhaps total deductible amount, or check if calculations are correct.
Let me examine the data:
Each row has:
- Date
- Merchant
- Expense Details
- Expense Category
- Expense Amount (Column E)
- Used for Work % (Column F)
- Deductible (Column G)
The formula for Column G should be:
Deductible = Expense Amount × (Used for Work % / 100)
Let me verify a few rows to see if the math checks out:
Row 2: $295.64 × 100% = $295.64 →
✔ Correct
Row 3: $78.54 × 20% = $15.708 → rounded to $15.71 →
✔ Correct
Row 4: $27.64 × 100% = $27.64 →
✔ Correct
Row 5: $2,150.00 × 10% = $215.00 →
✔ Correct
Row 6: $635.04 × 100% = $635.04 →
✔ Correct
Row 7: $24.35 × 100% = $24.35 →
✔ Correct
Row 8: $172.92 × 100% = $172.92 →
✔ Correct
Row 9: $92.50 × 5% = $4.625 → rounded to $4.63 →
✔ Correct
Row 10: $10.00 × 100% = $10.00 →
✔ Correct
Row 11: $311.05 × 100% = $311.05 →
✔ Correct
Row 12: $592.92 × 100% = $592.92 →
✔ Correct
Row 13: $24.59 × 5% = $1.2295 → rounded to $1.23 →
✔ Correct
Row 14: $32.52 × 100% = $32.52 →
✔ Correct
All individual deductions appear correctly calculated.
Now, since no specific question was given, the most useful thing to do is compute the
total deductible amount across all listed expenses — that’s typically what someone would want from such a sheet.
Let’s add up Column G (Deductible):
$295.64
+ $15.71 = $311.35
+ $27.64 = $338.99
+ $215.00 = $553.99
+ $635.04 = $1,189.03
+ $24.35 = $1,213.38
+ $172.92 = $1,386.30
+ $4.63 = $1,390.93
+ $10.00 = $1,400.93
+ $311.05 = $1,711.98
+ $592.92 = $2,304.90
+ $1.23 = $2,306.13
+ $32.52 = $2,338.65
Total Deductible =
$2,338.65
Double-checking with another method — let’s group them:
High-value items:
$295.64 + $635.04 + $592.92 + $311.05 + $215.00 =
= 295.64 + 635.04 = 930.68
+592.92 = 1,523.60
+311.05 = 1,834.65
+215.00 = 2,049.65
Smaller ones:
$15.71 + $27.64 + $24.35 + $172.92 + $4.63 + $10.00 + $1.23 + $32.52
Group:
15.71 + 27.64 = 43.35
+24.35 = 67.70
+172.92 = 240.62
+4.63 = 245.25
+10.00 = 255.25
+1.23 = 256.48
+32.52 = 289.00
Now total: 2,049.65 + 289.00 =
2,338.65
Confirmed.
Final Answer:
$2,338.65
Parent Tip: Review the logic above to help your child master the concept of small business expense worksheet.