Solution-Corporation income statement

Corporation income statement

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Reference no: EM131201742

Below are three line items from a corporation's Income Statement. Select the correct line to use and compute the federal tax.

Sales: $335,000
Cost of Goods Sold: $225,000
Net Profit Before Tax: $ 92,000

Reference no: EM131201742

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Corporation income statement

Reference no: EM131201742

Reference no: EM131201742

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