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Crane Corp. ' s 2 0 2 5 ?income statement showed pretax accounting income of $ 1 3 0 0 0 0 0 . ?To
Crane Corp.s ?income statement showed pretax accounting income of $ ?To compute the federal income tax liability, the following ?data are provided:
tableIncome from exempt municipal bonds,tableDepreciation deducted for tax purposes in excess of depreciationdeducted for financial statement purposes$
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