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Answer d please Arbuckle Incorporated started operations on January 1, 2016 and purchased $1.000,000 of equipment. The income tax rate was 40% in both years.

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Arbuckle Incorporated started operations on January 1, 2016 and purchased $1.000,000 of equipment. The income tax rate was 40% in both years. The following information related to 2016 and 2017: 2016 2017 Year Accounting income before income tax $275.000 $410,000 Golf club dues 5,000 Accrued warranty costs Warranty costs Depreciation expense on equipment Capital cost allowance 6,000 25,000 60,000 45,000 100,000 100,000 150,000125,000 20,000 a)Calculate taxable income and income tax payable for each year

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