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Refer to the following figure. Which point has an x-coordinate that is equal to zero?
Interest Expense
The cost incurred by an entity for borrowed funds over a period, reported on the income statement.
Income Before Taxes
The earnings of a company before taxes have been deducted.
Employer Payroll Taxes
Taxes that employers are required to pay on behalf of their employees, including social security and Medicare taxes.
Social Security Tax
A mandatory payroll tax collected to fund the Social Security program, providing retirement, disability, and survivors' benefits.
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