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. 12. (5 points) For 2011, Tar Heel Inc. has pretax accounting income of $3 million. Among the revenues and expenses making up Tar Heel's

. 12. (5 points) For 2011, Tar Heel Inc. has pretax accounting income of $3 million. Among the revenues and expenses making up Tar Heel's pretax accounting income are: Depreciation expense $300,000 ...

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