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Noah bought a warehouse for $184,500, depreciated it $40,962, and sold it for $256,000. Noahs marginal tax rate is 32%. What is the tax Noah
| Noah bought a warehouse for $184,500, depreciated it $40,962, and sold it for $256,000. Noahs marginal tax rate is 32%.
What is the tax Noah will pay on the sale of the warehouse? |
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College Accounting A Practical Approach Chapters 1-15
Authors: Jeffrey Slater
7th Edition
0130954888, 978-0130954886
