For 2014, the Beech Corporation Has Net Income on Its

question 62

Multiple Choice

For 2014, 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)$85,000
• C)$90,000
• D)$103,000
• E)None of the above

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