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What is the final net loss

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Reference no: EM133184038

Question - The Tempe Co. incurred the following income and losses:

Pre-tax Income (loss) 2021: $100 2022: $60 2023: ($200)

The Tax Rate is 30% in all years.

If realization of future tax savings is assured beyond any doubt, what is the 2023 final net loss to appear on the income statement?

a. $140

b. $264

c. $200

d. $120

e. $136

Reference no: EM133184038

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