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Trent, Incorporated needs an additional worker on a multiyear project. It could hire an employee for a $ 6 5 , 0 0 0 annual

Trent, Incorporated needs an additional worker on a multiyear project. It could hire an employee for a $

65, 000

annual salary. Alternatively, it could engage an independent contractor for a $

72, 000

annual fee. Trent's income tax rate is

21

percent.

Required:

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