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O $15,600 $19,400 UESTION 13 The controller of Mead Pipes Ltd. is completing the preparation of the corporation's 2019 tax return but is uncertain about
O $15,600 $19,400 UESTION 13 The controller of Mead Pipes Ltd. is completing the preparation of the corporation's 2019 tax return but is uncertain about the tax treatment of the following eight expense items, Finder's fee to obtain a mortgage on the company's buildings $6.000. Property taxes on the company's new fishing lodge, which is used by employees 1,200. Interest for late payment of municipal property taxes for the warehouse $600, Brokers' fees for the purchase of publicly traded shares $1,400, Permanent landscaping of land around the head office buildings 4,800, Cost of investigating a site for a proposed warehouse, when the site was rejected $2,000, Hockey tickets to entertain customers $1,800, Required: Determine the amount by which the preceding items will reduce the net income for tax purposes of Mead Pipes Ltd. for 2019. T T T Arial 3 (12pt) T--E
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