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Monty Inc. had service revenue of $742000, operating expenses of $396000, and interest expense of $28800...

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Monty Inc. had service revenue of $742000, operating expenses of $396000, and interest expense of $28800 for the year ended December 31, 2024. The company has a 30% income tax rate. Assuming Monty has already made income tax instalments of $62500. how much should Monty report as profit (after tax) for the year? Monty Inc. had service revenue of $742000, operating expenses of $396000, and interest expense of $28800 for the year ended December 31, 2024. The company has a 30% income tax rate. Assuming Monty has already made income tax instalments of $62500. how much should Monty report as profit (after tax) for the year?

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Intermediate Accounting

Intermediate Accounting

ISBN: 978-0470161012

9th Canadian Edition, Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

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