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Required 1) What is taxable income? 2) How much are the taxes? 3) What is interest paid? 4) What is depreciation? 5) What is cost

Required

1) What is taxable income? 

2) How much are the taxes? 

3) What is interest paid? 

4) What is depreciation? 

5) What is cost of goods sold?


Sales = $820,000, 

Net income = $144,000, 

Tax rate = 25%, 

Depreciation is three times smaller than cost of goods sold, 

Interest paid is four times smaller than taxable income. 


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