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