Ralph Henwood was paid a salary of $64,600 during 20-- by Odesto Company. In addition, during the
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Ralph Henwood was paid a salary of $64,600 during 20-- by Odesto Company. In addition, during the year Henwood started his own business as a public accountant and reported a net business income of $60,000 on his income tax return for 20--. Compute the following:
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