Best Ever, Inc. reports the following amounts for the first quarter of 2020. ...

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Accounting

  1. Best Ever, Inc. reports the following amounts for the first quarter of 2020.

Revenue 8,300,000

Cost of Sales 4,100,000

Operating expenses 1,200,000

Interest expense 550,000

Best Evers financial income is the same as its taxable income. The appropriate federal rate is 21%. What is the tax expense for Best Ever for the first quarter?

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