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Your company is considering purchasing a new piece of equipment that will generate $6,300 of revenue next year. The equipment costs $540 to maintain and
Your company is considering purchasing a new piece of equipment that will generate $6,300 of revenue next year. The equipment costs $540 to maintain and will have a $2,000 depreciation allowance. What taxes will the company pay assuming a 23% tax rate? $1,785 $865 O $1,449
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