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! Required information Problem 9-54 (LO 9-1, LO 9-2) (Algo) [The following information applies to the questions displayed below.) Sarah is a cash-method, calendar-year taxpayer,
! Required information Problem 9-54 (LO 9-1, LO 9-2) (Algo) [The following information applies to the questions displayed below.) Sarah is a cash-method, calendar-year taxpayer, and she is considering making the following cash payments related to her business. Calculate the after-tax cost of each payment assuming she is subject to a 37 percent marginal tax rate. (Do not round intermediate calculation.) Problem 9-54 Part-b (Algo) b. $3,400 to reimburse the cost of meals incurred by employees while traveling for the business. X Answer is complete but not entirely correct. After-tax cost $ 1,700 X ! Required information Problem 9-54 (LO 9-1, LO 9-2) (Algo) [The following information applies to the questions displayed below.) Sarah is a cash-method, calendar-year taxpayer, and she is considering making the following cash payments related to her business. Calculate the after-tax cost of each payment assuming she is subject to a 37 percent marginal tax rate. (Do not round intermediate calculation.) Problem 9-54 Part-c (Algo) c. $3,800 for football tickets to entertain out-of-town clients during contract negotiations. After-tax cost
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