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Additional Information: Crane & Donald plans to purchase and pay cash for a piece of land in February at a cost of $90,000. Crane &
Additional Information: Crane & Donald plans to purchase and pay cash for a piece of land in February at a cost of $90,000. Crane & Donald plans to purchase equipment in March at a cost of $30,000. Depreciation for manufacturing overhead $42,000 per quarter and for selling and administrative $30,000 per n The company expects a 30% income tax rate, and all quarterly taxes are paid in the first month of the following qu 22 B $ 4 f5 10 % 5 f6 T 4- BU CO 6 f7 + & f8 7 90 * myhp fg 8 KAA ly P f10 9 f1 DDI f12 P 63F Most {
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