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Example 5: Beverage Company reported net income of $650,000 for year ended 12/31/2019. The company deferred a $60,000 pretax loss on derivative; Had pretax net

Example 5: Beverage Company reported net income of $650,000 for year ended 12/31/2019. The company deferred a $60,000 pretax loss on derivative; Had pretax net unrealized holding gains on investment s...

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