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0.6 1 Document11 0 118% Charts SmartArt Q. Search in Doci, Document Elements Tables Ray Paragraph AaBbccde A- A Aa E 32 2 - - - ga Text Bo +3 . 4 5 5. Thomsen & Hensley, CPAs currently provide tax return preparation services to individuals in the Lincoln area. Thomsen & Hensley have received a one-time only request to prepare 100 tax returns for clients of another CPA firm in Lincoln while the owner recovers from major surgery. Thomsen & Hensley have the capacity to prepare 700 returns. Thomsen & Hensley have an effective tax rate of 30%. Thomsen & Hensley's income statement before consideration of the one-time request is as follows: Sales (500 returns) Variable preparation costs Contribution margin Fixed preparation costs Operating income Income taxes Net income $150,000 20,000 130,000 80,000 50,000 15,000 $35.000 Required: in negotiating a price for the special request, what is the minimum amount Thomsen & Hensley would accept per return
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