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The following table shows the balances from various accounts in the adjusted trial balance for UniLink Telecom Corp. as of December 31, 2023: Required: 1.
The following table shows the balances from various accounts in the adjusted trial balance for UniLink Telecom Corp. as of December 31, 2023: Required: 1. Assuming that the company's income tax rate is 30%, what are the tax effects and after-tax measures of the items labelled as pretax? (Negative answers should be indicated by a minus sign.) 2. Prepare a multi-step income statement for the year ended December 31, 2023. (Amounts to be deducted should be indicated by a minus sign in the other revenues and expenses section and the discontinued operations section.)
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