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assuming a tax rate of 35% depreciation expenses of 400,000 will: a. reduce income by 140000 b. reduce taxes by 140000 c. reduce taxes by

assuming a tax rate of 35% depreciation expenses of 400,000 will:

a. reduce income by 140000 b. reduce taxes by 140000 c. reduce taxes by 400000 d. have no effect on income or taxes

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