Johnstone Supply Look Back Study
Assumptions
- Built: 2020
- Building Cost: $5,528,218.64
- Tax Year: 2021
- Effective Tax Rate: 45%
- Discount Factor: 8%
Results
- Total Reclassed Basis: $4,519,136.95
- Total After Tax Net Present Value Benefit: $1,088,501.57
- 481(a) Adjustment: $89,113.50
- 1st Year Tax Savings: $1,567,846.03
