Woody Corporation had taxable income of $7,850 in the current year. The amount of depreciation...

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Accounting

Woody Corporation had taxable income of $7,850 in the current year. The amount of depreciation reported in the tax return was $2,975, while the amount of depreciation reported in the income statement was $1,025. Assuming no other differences between tax and accounting income, Woody's pretax accounting income was:
Multiple Choice
$9,800.
$10,825.
$4,875.
$5,900.

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