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3. Assume Jessica is a cash-method calendar-year tax payer, and she has the following cash payments for her business. Calculate after-tax costs of each payment

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3. Assume Jessica is a cash-method calendar-year tax payer, and she has the following cash payments for her business. Calculate after-tax costs of each payment assuming she has a 20% marginal tax rate. a. Lobbying fees of $300. b. Salary expenses of $2,000. c. $600 in employee meals while on business travel

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