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Calculate the taxable income for Microsoft Corporation for the fiscal year ending June 30, 2023, using the following financial details: Item Amount Total Revenue $800,000,000

Calculate the taxable income for Microsoft Corporation for the fiscal year ending June 30, 2023, using the following financial details:

Item

Amount

Total Revenue

$800,000,000

Cost of Goods Sold

$300,000,000

Operating Expenses

$200,000,000

Depreciation Expense

$40,000,000

Interest Expense

$15,000,000

Tax Rate

25%

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