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For the Current Year, the Beech Corporation Has Net Income

question 6

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For the current year, the Beech Corporation has net income on its books of $60,000, including the following items: Federal tax depreciation exceeds the depreciation deducted on the books by $5,000. What is the corporation's taxable income?
For the current year, the Beech Corporation has net income on its books of $60,000, including the following items: Federal tax depreciation exceeds the depreciation deducted on the books by $5,000. What is the corporation's taxable income?   A) $66,000 B) $90,000 C) $95,000 D) $103,000 E) None of the above


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