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Using the following assumptions, calculate income tax expense (round to the nearest dollar): dollars paid by customer = $2500, cost of goods sold = $325,
Using the following assumptions, calculate income tax expense (round tothe nearest dollar): dollars paid by customer = $2500, cost of goods sold = $325, operating expenses = $400, interest expense = $25, income tax rate 30%, total assets = $1850, and cash = $1250
the nearest dollar): dollars paid by customer = $2500, cost of goods sold =
$325, operating expenses = $400, interest expense = $25, income tax
rate 30%, total assets = $1850, and cash = $1250
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