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A restaurant has sales revenue of $580,000 with variable cost of sales of 42%. Fixed costs are $245,920. The owner wants a $46,000 after tax

A restaurant has sales revenue of $580,000 with variable cost of sales of 42%. Fixed costs are $245,920. The owner wants a $46,000 after tax return based on a tax rate of 32%. What is the income tax? $16,941 $17,882 $21,647 $22,118

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