The local printing company purchases a new copy machine that reduces the cost of making a color copy by ten cents a copy. It normally makes 50,000 color copies a year and is in the 28 percent income tax bracket. The tax consequence of this investment will be
A) no difference in income tax paid.
B) an increase in income tax paid.
C) a decrease in income tax paid.
D) cannot tell with the information provided.
Correct Answer:
Verified
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