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In the illustration below, what structure is labeled z?
Federal Income Taxes
Federal government-imposed charges on the yearly earnings of individuals, corporations, trusts, and other legal entities.
Net Income
What a business earns in profit once every cost and tax is deducted from its revenue.
Bonus Plan Expense
Costs associated with incentive-based compensation programs designed to reward employees for their performance.
Gross Earnings
Gross earnings refer to the total income earned by an individual or company before any deductions such as taxes or other withholdings.
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