PCM Demo test question - has someone broken this down barney style? TIA

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Maria Morales-Manning

September 25, 2023 17:45

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  Maria Morales-Manning October 11, 2023 17:46

  Yes that helps very much.

  Thank you 

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  Rebekka O'Melia October 05, 2023 14:27 (Edited October 05, 2023 14:30)

  That seems correct.  Though it's not very clear that they already PAID $11,736 in tax.  The question asks, what's the "remaining" tax.  :(

  The total tax to be paid for the year is actually the $42,699.  Since the already paid the $11,736, we subtract it from the total, $42,699 - $11,736 = $30,963.  

  They made it so that you really have to sift thru that financial report.

  Hope this helps!

  Rebekka, www.stepuparchitecture.com

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