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Margie Corp. has estimated that total depreciation expense for the year ending December 31, 2021 will amount to $1,200,000, and that 2021 year-end bonuses to
Margie Corp. has estimated that total depreciation expense for the year ending December 31, 2021 will amount to $1,200,000, and that 2021 year-end bonuses to employees will total $2,400,000. In Margie's interim income statement for the six months ended June 30, 2021, what is the total amount of expense relating to these two items that should be reported?
$0 | ||
$600,000 | ||
$3,600,000 | ||
$1,800,000 |
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