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37. ABC Co. in its first year of business has taxable income of $2,000, book depreciation of $3,000 and CCA of $4,600, and recognized $800

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37. ABC Co. in its first year of business has taxable income of $2,000, book depreciation of $3,000 and CCA of $4,600, and recognized $800 of warranty expense but performed no warranty service. ABC's pre-tax accounting income would be: A. $1,200 B. $2,000 C. $2,800 D. $3,600

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