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Steven owns Wildhorse Company and has the following revenue and expenses. Calculate the after - tax net profit ( ignoring self - employment tax )

Steven owns Wildhorse Company and has the following revenue and expenses. Calculate the after-tax net profit (ignoring self-employment tax) for Steven who is single in 2023.PRACTaxable revenue receivedTax-exempt revenue receivedDeductible expenses paidNon-deductible expenses paid$115,000$14,500$21,000$5,000After-tax net profit

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