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During the current year, Stern Company had pretax accounting income of $ 5 2 million. Stern's only temporary difference for the year was rent received
During the current year, Stern Company had pretax accounting income of $ million. Stern's only temporary difference for the year was rent received for the following year in the amount of $ millon Sfern's taxable income for the year would be:
Multiple Choice
$ million
$ million.
$ million.
$ million.
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