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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

  1. 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:

question options

1. 1200

2. 2000

3. 2800

4.3600

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