Compute taxable income for Standard Company is based on the following data. Book income $50,000...
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Compute taxable income for Standard Company is based on the following data. Book income $50,000 Tax depreciation in excess of book depreciation 2,700 Meals and entertainment expense 8,000 Penalties 300 (Points : 5)
$51,600 $57,000 $56,400 $52,400
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