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A company had a tax loss of: $ 90,000 in 2018 and was applying a profit coefficient of 0.2515 Cumulative income of $ 295,000.00 of
A company had a tax loss of: $ 90,000 in 2018 and was applying a profit coefficient of 0.2515 Cumulative income of $ 295,000.00 of which $ 11,800.00 was the annual adjustment for cumulative inflation In 2019 the following data was generated: Authorized deductions for $ 168,400.00 Had the following cumulative income in 2020 January February March $25,000.00 $23,000.00 $31,000.00 Determines the updated loss to be amortized in 2019 a) $ 81,400.00 b) $ 92,799.00 c) None of the others d)$ 93,050.00
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