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Using the numbers below, what is the tax amount? Show work to produce answer. Sales = $60 x 1500 Labor = $15 Material= $5 Rent

Using the numbers below, what is the tax amount? Show work to produce answer.

Sales = $60 x 1500

Labor = $15

Material= $5

Rent = $15,000

Utilities = $5,000

Equipment = $75,000 SL/years No salvage value

Tax rate = 30%

Discount rate = 15%

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