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The Bookbinder Company had $550,000 cumulative operating losses prior to the beginning of last year. It had $110,000 in pre-tax earnings last year before using
The Bookbinder Company had $550,000 cumulative operating losses prior to the beginning of last year. It had $110,000 in pre-tax earnings last year before using the past operating losses and has $330,000 in the current year before using any past operating losses. It projects $360,000 pre-tax earnings next year. Enter your answers as positive values. If an amount is zero, enter "0". Round your answers to the nearest dollar. Subparts 3, 4, 5, and 6
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