000andareversalofdeferredtaxassetsof$25,000.Themost\rappropriateconclusionbytheanalystisthat,in2009,incometaxEvaluationWarning:ThedocumentwascreatedwithSpire.PDFfor.NET.\rexpensereportedonthecompany'sincomestatementshouldbe:\rA.equaltotaxespayableinthecompany'staxreturn.\rB.lessthantaxespayableinthecompany'staxreturn.\rC.greaterthantaxespayableinthecompany'staxreturn.\r 0C\r60.On1January,acompanyenteredintoacapitalleaseresultingin\ranobligationof$10,000beingrecordedonthebalancesheet.Thelessor'\rsimplicitinterestratewas12percent.Attheendofthefirstyearofthe\rlease,thecashflowfromfinancingactivitiessectionofthelessee's\rstatementofcashflowsshowedauseofcashof$1,300applicabletothe\rlease.Theamountthecompanypaidthelessorinthefirstyearofthe\rleasewasclosestto:\rA.$1,000\rB.$1,200\rC.$2,500\r 0C
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