The Bell Company had the following operating results: Year Income (loss) Tax Rate Income Tax 2015 40,000 35% 14,000 2016 20,000
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Answer:
Here the answer is given as follows,
Answer:
cost of expansion = $1389859.55
Explanation:
Given data:
Original size = 185,000 ft^2
New expansion = 25000 ft^2
capacity component = 0.62
total cost for original size of clinic is = $17 million
Size of new clinic = 185,000 + 25,000 = 210,000 ft^2
cost of new clinic
cost of new clinic =
cost of new clinic = $18,389,859.56
cost of expansion = cost of 210,000 ft^2 - cost of 185,000 ft^2
= 18,389,859.56- 17,000,000
cost of expansion = $1389859.55