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Question - During 2017, Linda has a $12,000 net loss from her beauty salon. Her spouse, Bart, earns $23,000 as a tennis professional. During 2017, Bart purchases $215,000 of Section 179 equipment for his business. What is the maximum amount of Linda and Bart's Section 179 deduction for 2017?
a. $0
b. $10,000
c. $11,000
d. $23,000
e. $215,000
a) Determine breakeven total volume of sales and sales volume for each product. b) Determine sales volume and sales revenue for the company to earn Br500,000 profit after 30% profit tax.
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