A team was purchased at $800 million IRS allows assigning 50% of the franchise purchase price to player contracts Owners can appeal depreciation in the value of the player contract over a 5-year period (assuming equally distributed) The team generates an annual revenue of $150 million while spending $130 million annually Inentine QUESTIONS When the income tax rate is 8.25%, what will then be the amount of taxation? $ 495,000 O $ 643,500 0 O $ 660,000 O $ 561,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. O 30 e to search