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  3. a large company had pretax financial income of $64

A large company had pretax financial income of $645,000 in 2020. During 2020 he following...

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Accounting

A large company had pretax financial income of $645,000 in 2020. During 2020 he following items cause taxable income to be different than pretax financial income-

Municipal bond income $78,185

Interest expense was accrued and will be paid in 2021 173,612

What is taxable income for the company in 2020?

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