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Care Development began operations in December 2 0 2 4 When property is sald on an instalment basis, Case recognizes inatalimemt income for financial reporing

Care Development began operations in December 2024 When property is sald on an instalment basis, Case recognizes inatalimemt income for financial reporing purposes in the year of the sale. For tax purposes, inatallment income is reported by the intalmem method. 2024 instaitment income was $906.000 and wil be colected over the nent dhree yoars Scheduled collections and enacted tax rates for 2025-2027 are as follows:
\table[[2025,S 328,020,],[268520.58,35k,002,],[,243,800,]]
Cese blso had produst werranty coss of $369,000 expensad tar financul reporing perposes in 2024 for tax purpeses, only ine $98 p00 of warrenty cests actualy peid in 2024 was ceductod. The remaining $281,000 wil be deducted for tox purpases when poid over the nent thres years os folows.
\table[[\table[[2625],[2035]],516%,9
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