Utilizing the stock options proposal made in this chapter, show entity and proprietary income in the following
Question:
Income before taxes…………………$4,810,000
Interest expense………………………182,000
Stock options expense (incentive) …..240,000
Income tax rate………………………40%
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Related Book For 
Accounting Theory Conceptual Issues in a Political and Economic Environment
ISBN: 978-1412991698
8th edition
Authors: Harry Wolk, James Dodd, John Rozycki
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