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Determine the taxable income for a firm as described here. The firm recorded revenues of $ 4 5 , 0 0 0 and recaptured depreciation

Determine the taxable income for a firm as described here. The firm recorded revenues of $45,000 and recaptured depreciation of $2,000 for the year just ended. During the year, the firm incurred cash expenses of $30,000 and depreciation expenses of $15,575.
Answer choices
a.17000
b.1425
c.-575

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