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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

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.

Note: Do not round intermediate calculation.

c. $1,200 for football tickets to entertain out-of-town clients during contract negotiations.

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