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8 Cribbage Company had income before income tax of $164,000 last quarter and a 34% tax rate. Its net income should be reported as: A.

8 Cribbage Company had income before income tax of $164,000 last quarter and a 34% tax rate. Its net income should be reported as: A. $55,760. B. $108,240. C. $(55,760). D. $248,485

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