Question: this is tax question. please try to get this question right i need it to study and the professor did not provide a solution to
Roman Inc. (a CCPC) provided you with its following financial information for 2021: 7 Revenue $251,000 Cost of goods sold $121,000 Office expenses $ 24,000 Bad debt expense $ 4,000 Salaries $32,000 Amortization $ 11,000 Assets $500,000 Liabilities $200,000 Equity $300,000 Capital cost allowance for the year was calculated at $7,000, but has not been included in the income statement REQUIRED: Calculate the company's net income for tax purposes for 2021. Write your answer (without $ sign and rounded to zero decimal places) in these provided below Answer: ENG
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