Assuming a 21% marginal tax rate,compute the after-tax cost of the following business expenses.
a.$12,300 business meals.
b.$42,000 rent on factory equipment.
c.$8,050 business entertainment.

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The Answer of Assuming a 21% marginal tax rate,compute the after-tax cost of the following business expenses.
a.$12,300 business meals.
b.$42,000 rent on factory equipment.
c.$8,050 business entertainment.

Assuming a 21% Marginal Tax Rate,compute the After-Tax Cost of the Following