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BOTTLE Corporation, an accrual basis taxpayer, reported book income after federal income taxes of $ 2 0 0 , 0 0 0 . Federal income

BOTTLE Corporation, an accrual basis taxpayer, reported book income after federal income taxes of $200,000. Federal income taxes for the year were $60,000. Municipal interest income was $20,000, and tax depreciation expense for the year was $10,000 greater than book depreciation. What is BOTTLEs taxable income as shown on Schedule M-1?
Group of answer choices
$230,000
$270,000
$170,000
$110,000

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