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A construction company has an estimated profit, before taxes, of $547,852 for the year. Included in the companys costs is $65,258 for meals and $21,660

A construction company has an estimated profit, before taxes, of $547,852 for the year. Included in the companys costs is $65,258 for meals and $21,660 for entertainment. Determine the taxable income for the company.

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