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5. In 2019, Joey Inc. had pre-tax GAAP accounting income of $6,000 which included environmental penalties (not deductible for tax purposes) of $150 and depreciation

5. In 2019, Joey Inc. had pre-tax GAAP accounting income of $6,000 which included environmental penalties (not deductible for tax purposes) of $150 and depreciation expense of $2,100. Depreciation for tax purposes in the tax return was $3,300. The enacted tax rate is 25%. There were no other temporary or permanent differences. a. What is Joey Inc.'s 2019 taxable income? b. What is Joey Inc.'s taxes payable liability at the end of 2019? C. What is Joey Inc.'s tax expense for 2019? d. What is Joey Inc.'s net income for 2019

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