What would Dalmatians Net Income

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Question - Dalmatian Inc. had $50 of Net Income this year. It capitalized $530 in software development costs and recognized Amortization Expense for those costs of $180 during the year. Dalmatian's tax rate is 40%. What would Dalmatian's Net Income have been this year if it had expensed all software development costs immediately?

a. $140

b. ($300)

c. $400

d. $278

e. ($160)

Reference no: EM132513172

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