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Given the following for the XYZ Company: Year 2020 2021 2022 2023 Pre-Tax Net Income (Loss) $10,000 8,000 (20,000) 12,000 Tax Rate 20% 20% 20%

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Given the following for the XYZ Company: Year 2020 2021 2022 2023 Pre-Tax Net Income (Loss) $10,000 8,000 (20,000) 12,000 Tax Rate 20% 20% 20% 20% Future income is "more likely than not". Reported 2022 Net Loss is: Select one: O a. $16,400 O b. $15,000 O c. $16,000 O d. $4,000 O e. $20,000

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