Use the following selected data to calculate Devon's taxable income.
Definitions:
Medical Services
These refer to the diagnostic, therapeutic, and rehabilitative services provided by health professionals to treat patients and maintain their well-being.
Third Party
An entity that is involved in a transaction or agreement but is neither the principal nor the direct beneficiary, often providing intermediary services.
Incentive
An incentive is a stimulus or mechanism implemented to motivate individuals or entities to take certain actions or make specific decisions.
Tax System
The organized method by which a government or authority levies and collects taxes from individuals and businesses.
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