$\text { A corporation had the following earnings and loss record for the years } 1997 \text { through 2002: }$

question 16

Multiple Choice

$\text { A corporation had the following earnings and loss record for the years } 1997 \text { through 2002: }$
$\begin{array}{cc}1997 & \$ 200,000 \\1998 & 100,000 \\1999 & 100,000 \\2000 & (800,000) \\2001 & 200,000 \\2002 & 300,000\end{array}$
-If the corporation in Figure 2.1 had a 40 percent tax rate for all years, they received a tax refund in2000 in the amount of

• A) $80,000
• B) $240,000
• C) $480,000
• D) $320,000

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Definitions:

Consistent Notion

A concept or idea that remains uniform or unchanged across different contexts or over time.

Negative Reinforcement

A behavioral principle where the removal of an unfavorable event or condition strengthens a behavior or increases its likelihood of being repeated.

Tension Reduction

A psychological process aiming to decrease stress and anxiety levels, often through relaxation techniques.