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Business, 22.02.2022 20:20 kadence428

One day, barry the barber, inc. , collects $400 for haircuts. Over this day, his equipment depreciates in value by $50. Of the remaining $350, barry sends $30 to the government in sales taxes, takes home $220 in wages, and retains $100 in his business to add new equipment in the future. From the $220 that barry takes home, he pays $70 in income taxes.

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One day, barry the barber, inc. , collects $400 for haircuts. Over this day, his equipment depreciat...
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