Need answer to the question in attachment

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Need answer to the question in attachment
Answered Same DayAug 19, 2020MAA716Deakin University

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Pulkit answered on Aug 25 2020
59 Votes
Part a
        Profit Before Tax    $ 607,500.00
     -     Rent Revenue    $ 60,000.00
     +     Adjusted Rent (60000+13200-8400)    $ 64,800.00
     +     Entertainment Expense    $ 29,880.00
     +     Loss on disposal of plant    $ 16,001.00
     -     Loss on disposal for tax purposes ((160001*40%) - 72000)    $ 8,000.00
     +     Depreciation Expense    $ 96,000.00
     -     Depreciation Expense for tax purposes    $ 128,000.00
     +     Doubtful debts expense    $ 33,600.00
     -     Bad debts incu
ed     $ 38,400.00
     +     Annual...
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