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On its 2020 Balance Sheet, Liddle Inc reported Currents Assets of $185,000, Net Fixed Assets of $975,000. Long-Term Debt of $550,000, and Total Equity of
On its 2020 Balance Sheet, Liddle Inc reported Currents Assets of $185,000, Net Fixed Assets of $975,000. Long-Term Debt of $550,000, and Total Equity of $400,000. On the 2021 Balance Sheet, Net Fixed Assets are $820,000 and Net Working Capitalis $180,000 On the 2021 Income statement, the firm reported Sales of $1,850,000, Earnings Before Interest and Taxes of $1,065,000 and Depreciation of $110,000 in 2021, the firms Cash Flow from Assets was $807.000 What were the firm's Taxes in 20212
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