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Cost of goods sold Addition to retained earnings Net income Interest Depreciation Selling and general expenses Tax rate 2014 $5,920.00 587.50 1,137.50 270.00 1,100.00 1.
Cost of goods sold Addition to retained earnings Net income Interest Depreciation Selling and general expenses Tax rate 2014 $5,920.00 587.50 1,137.50 270.00 1,100.00 1. 40.00 35% What is the taxable income for 2014
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