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Great news!! Our favorite pizza shop, Joe's had a record year. They had $4,743,823 in sales. For the year they had cash operating expenses of

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Great news!! Our favorite pizza shop, Joe's had a record year. They had $4,743,823 in sales. For the year they had cash operating expenses of $523,854. They had COGS of $1,240,000. They had depreciation of $100,000 (not counted in cash operating expenses), They paid intere on their bonds of $114,000. They decided to pay $52,000 in dividends. They also received $27,000 in dividend income in a company they have a 45% ownership stake in, what is their t 4. liability? Great news!! Our favorite pizza shop, Joe's had a record year. They had $4,743,823 in sales. For the year they had cash operating expenses of $523,854. They had COGS of $1,240,000. They had depreciation of $100,000 (not counted in cash operating expenses), They paid intere on their bonds of $114,000. They decided to pay $52,000 in dividends. They also received $27,000 in dividend income in a company they have a 45% ownership stake in, what is their t 4. liability

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