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What was the income tax expense of Amethyst

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Question - During 2016, Amethyst Inc., had sales revenue of $376,000, gross profit $176,000, operating expenses $66,000, cash dividends $30,000, other expenses and losses $20,000. It's corporate tax rate is 30%. What was the income tax expense of Amethyst.

Reference no: EM132532508

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