Ch 17 P 17-57 1 Problem 17-57 (LO 17-2) (Algo) 12 port Burcham Corporation reported pretax book income of $732.500 Tax depreciation exceeded book depreciation by 5630.000. In addition, the company received $232000 of tax-exempt municipal bond interest. The company's prior year tax return showed taxable income of $49,000. Compute the company's book equivalent of taxable income. Use this number to compute the company's total income tax provision or benefit Book equivalent of taxable income Total income tax provision or benefit 000 02 int frances Ch 17 P 17.66 1 Problem 17-66 (LO 17-4) (Algo) 12 Cadilac Square Corporation determined that $1,131,300 of its research and development tax credit on its current year tax return was uncertain, but that it was more likely than not to be sustained on audit Management made the following assessment of the company's potential tax benefit from the deduction and its probablity of occurring Individual Probability of Becoming ) rotantial Estated Benefit C) $1,131,30 124,5 Cultive Probability of Occurrin 41 71 Box 12 What amount of the tax benefit related to the uncertalo tax position from the research and development tax credit can Caditacou lac Square Corporation recognize in calculating its income tax provision in the current year? Tortrecogn Print rences