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Solve the following equation.
Gross Pay
The total amount of money earned by an employee before any deductions or taxes are taken out.
Deductions
Amounts subtracted from gross income to determine taxable income, including expenses, exemptions, and allowances.
Long-Term Liabilities
Financial obligations of a business that are due more than one year in the future.
Current Liabilities
Debts or obligations that are due to be paid within one year or within the normal operating cycle.
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