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14. For the year 20x4, Tally Corporation reported $50,000 pretax income (average annual income tax rate of 40%). The after tax income was a)

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14. For the year 20x4, Tally Corporation reported $50,000 pretax income (average annual income tax rate of 40%). The after tax income was a) $30,000 b) $20,000 c) $15,000 d) $10,000 30,000

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