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For the year ending December 31, 2021, Terminator Incorporated reports an operating loss before income taxes of $215,000 and has a tax rate for all
For the year ending December 31, 2021, Terminator Incorporated reports an operating loss before income taxes of $215,000 and has a tax rate for all years of 35%. Terminator Incorporated has no temporary or permanent book-tax differences and expects to be profitable in the future.
What is Terminator Incorporateds net loss (after taxes) for 2021?
($290,250)
($139,750)
($75,250)
($215,000)
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