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A corporation had net income per the books before federal income taxes of $860,000 for the current year. The following items were included in the
A corporation had net income per the books before federal income taxes of $860,000 for the current year. The following items were included in the determination of net income: The total amount of customer accounts written off during the year was $26,000. What is the taxable income the corporation will report on Schedule M-1? A. $892,000 B. $899.000
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