1. Compute the Tax (Cost) or Benefit to a Business.

Revenues = $150,000. Tax Rate = 32.00%.

Input your Answer as a Number Only rounded to the Nearest Dollar. Show as a number only with NO Commas, Dollar signs, or Decimals. Show Negative Number with -, such as -100

2. Compute the Income Tax Expense Cost to a Business.

Revenues = $85,000 and Expenses = $33,000

Assets = $140,000 and Liabilities =$55,000

Assume a Tax Rate of 39.00%.

Input your Answer as a Number Only rounded to the Nearest Dollar. Show as a number only with NO Commas, Dollar signs, or Decimals.

3. Compute the Monthly Mortgage Interest Cost after the Tax Benefit on an Interest Only Home Loan of $480,000. Assume an Interest Rate of 4.00% and a Tax Rate of 32.00%.

Input your Answer as a Number Only rounded to the Nearest Dollar. Show as a number only with NO

Commas, Dollar signs, or Decimals.