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  3. abc has pretax accounting income $104,000. during

ABC has pretax accounting income $104,000. During the year, ABC paid a fine of $3,120...

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Accounting

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ABC has pretax accounting income $104,000. During the year, ABC paid a fine of $3,120 that is nondeductible for tax purposes. At the end of the year, ABC collected $15,600 from a tenant for rental of a building next year. Assume a tax rate of 35%. The year-end balance of the related deferred tax account is ABC has pretax accounting income $104,000. During the year, ABC paid a fine of $3,120 that is nondeductible for tax purposes. At the end of the year, ABC collected $15,600 from a tenant for rental of a building next year. Assume a tax rate of 35%. Taxable income is

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