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Last year, a small business reported the following cash flows: Gross revenues = $460,000 Operation and maintenance costs = $115,000, and Asset depreciations = $46,000
Last year, a small business reported the following cash flows: Gross revenues = $460,000 Operation and maintenance costs = $115,000, and Asset depreciations = $46,000 Determine the federal income tax paid if the state income tax rate is 75% and the federal income tax rate is 21% O A. $72,450 OB. $40,365 O C. 582.110 OD. $58 081 O E. $62,790 en! ho ig togator orang
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