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Question
abc healthcare's controller has calculated that abc must pay state and federal income taxes this year at a rate of 20 percent. depreciation on equipment purchased for the emergency department will amount to $20,000 this year. income tax savings for the current year on this equipment will therefore amount to:
a. $2,000
b. $4,000
c. $8,000
d. none of the above
Answer
This answer is hidden. It contains 1 characters.
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