In which type of business is "taxable income" the relevant amount for determining how much tax is owed? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Regular corporations, S corporations, LLCs b Proprietorships, partnerships, S corporations All type of businesses Proprietorships, partnerships, LLCS e Only regular and S corporations Question 7 Homework Unanswered Fish, Inc. is purchasing a piece of equipment that costs $30,000. The company expects to be able to use it for ten years, and then it will be worthless. Fish expects its net income before taxes on this asset will be $6,200 annually, and the company is in the 21% tax rate. Which is Fish's expected BEFORE TAX cash flow per year? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $6,200 b $4,898 $3,672 d $9,200