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Unformatted text preview: $21,000 Carry Forward Loss Taxable Income $21,000 Taxes 40% $8,400 -8400 Net Income $12,600 18600 Notes: Capital gains, asset disposal effects, and non-operating income is not included....
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This note was uploaded on 11/19/2010 for the course ME 3232 taught by Professor Lyon during the Fall '10 term at University of New Brunswick.
- Fall '10