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How much did Heinfell report as income tax expense

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Question - Heinfell Inc. reported sales of $850,000, cost of goods sold of $510,000, and other expenses totaled $180,000. If the company's profit was determined to be $100,000, how much did Heinfell report as income tax expense in the year?

a. $100,000

b. $160,000

c. $0

d. $60,000

Reference no: EM132515146

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