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42. What book-tax differences in year 1 and year 2 associated with its capital gains and losses would ABD Inc. report in the following altemative
42. What book-tax differences in year 1 and year 2 associated with its capital gains and losses would ABD Inc. report in the following altemative scenarios? Identify each book-tax difference as favorable or unfarorable and as permanent or temporary. a) b) c) d) e) Answer for year 6 only. f) Answer for year 7 only. 42. What book-tax differences in year 1 and year 2 associated with its capital gains and losses would ABD Inc. report in the following altemative scenarios? Identify each book-tax difference as favorable or unfarorable and as permanent or temporary. a) b) c) d) e) Answer for year 6 only. f) Answer for year 7 only
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