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em #13 of 18 Lightning Company reports a pretax loss of $75,000 in Year 2 for both financial and tax purposes (tax rate 35%), its
em #13 of 18 Lightning Company reports a pretax loss of $75,000 in Year 2 for both financial and tax purposes (tax rate 35%), its reported income in Year 1 was $30,000 tax rate 30%, what is their tax refund for year 2? $13,500 $9,000 $10,500 O $15,750
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