Acme Industries had sales last year of 12 000 000 They had

Last updated: 11/30/2023

Acme Industries had sales last year of 12 000 000 They had expenses of 9 755 000 They purchase several pieces of new equipment during the year that Cost 3 000 000 to purchase Had 1 100 000 related costs to set up install etc Has a salvage value of 750 000 in 5 years Using straight line depreciation what are the taxable earnings 1 789 000 1 850 000 1 910 000 1 987 655