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Question 16 3 pts For 2019, Fox, Co had a $450,000 net operating loss and...

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Question 16 3 pts For 2019, Fox, Co had a $450,000 net operating loss and a pretax net loss of $400,000 on their 2019 income statement. In future, Fox expects to be successful for many years with an expected future tax rate of 25%. For each of the past 2 years, 2018 and 2017, Fox's taxable income was $250,000 with a 30% tax rate. What is Fox's net loss on their 2019 income statement? $337,500 $287,500 $265,000 $310,000 $315,000

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