Question: Consider the following data for 2011 from an after tax cash flow analysis. What is the taxable income for 2011? Before Tax Cash Flow 5
Consider the following data for 2011 from an after tax cash flow analysis. What is the taxable income for 2011?
Before Tax Cash Flow 5 $23,000
Loan Principal Payment 5 $3,203
Loan Interest Payment 5 $3,877
Depreciation Deduction 5 $12,490
Taxes Due 5 $2,255
After Tax Cash Flow 5 $21,530
a. $40,000 c. $6,633 b. $35,540 d. $28,460
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