kimofernandez7095 kimofernandez7095

10-01-2024
Business

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James’s net income for the year ended December 31, 2024, is $860,000. The income tax rate is 25%. James paid dividends of $5 per share on its preferred stock during 2024.

a) $645,000
b) $620,000
c) $657,500
d) $718,750

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