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ABC Company has pretax accounting income of $127,000 in 2021. Included in that total is depreciation expense of $5,500. Total depreciation allowable for income tax
ABC Company has pretax accounting income of $127,000 in 2021. Included in that total is depreciation expense of $5,500. Total depreciation allowable for income tax purposes in 2021 is $22,000. What is ABC Company's taxable income in 2021? O 149,000 O 143,500 O 121.500 O 110,500
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