Your friend Alice is a full-time college student, earned $4,000 working at the campus bookstore over two semesters last
calendar year, and also got a part-time job as a cashier in
February, earning $9,500. Alice knows that you have been
learning about taxes in your personal finance lessons and asks
you, "Do I need to file taxes this year? If I do, what is the
process like?"
1. Determine if Alice needs to file taxes this year and explain
your reasoning.
2. If you conclude that Alice does need to pay taxes, explain
what forms she will need, what the deadlines are, and what
method you recommend she use to file her taxes.

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?