Compute the net income before taxes and then compute the, Financial Management

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Compute the net income before taxes and then compute the

Compute the net income before taxes and then compute the corporate taxes for the ABC Inc. for the year of 2017 given the following:

The ABC Inc. had a sales of $250,000 in 2017and their labor expenses were $80,000. The company also reported $2,000 for local advertising, $3,000 for employee training and acquire a loan from Credit Union of $12,000 at the interest of 6% for their expansions. The company also had an investment in XYZ Inc and received dividends of $3,000 in 2017.

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Financial Management: Compute the net income before taxes and then compute the

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