Beta Enterprises
•Beta Enterprises reported taxable income of $2,600,000.
•$300,000 in advertising costs were capitalized.
•$150,000 in interest income was not reported.
•A tax credit of $100,000 for employee training programs was missed.
Requirement: Adjust the taxable income and calculate the correct tax liability at a corporate tax rate of 27%. Highlight and correct the errors.

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