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Posted on Aug 08, 2024

Noah bought a warehouse for $ 1 7 7 , 0 0 0 , depreciated it $ 2 2 , 7 6 2 , and

Noah bought a warehouse for $

177, 000,

depreciated it $

22, 762,

and sold it for $

298, 200

Noah's marginal tax rate is

32 % .

What is the tax Noah will pay on the sale of the warehouse?

23, 871

margin of error

+ 1 I^{1}

This was the correct answer.

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