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20 of 23 (17 completo) HW Score: 44.17% Score: 0 of 5 pts Question Help FAM11-A5 (similar to) On January 1, 20X1, Melbourne Company sold

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20 of 23 (17 completo) HW Score: 44.17% Score: 0 of 5 pts Question Help FAM11-A5 (similar to) On January 1, 20X1, Melbourne Company sold an asset with a book value of $180,000 for cash. Assume two soling price: $215.000 and $150,000 Requirement 1. For each solingprio prepare a tabulation of the gain or loss, the effect on income taxes, and the total after-tax effect on cash. The applicable income tax rate is 30% Begin by selecting the labels needed, and then enter the amounts to determine the net cash inflow from sale for each of the two scenarios(Use parentheses or a minus sign for a loss on sale and tax payment on gain) Pro-tax gain loss) on sale Net cash inflow from sale

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