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Exercise 1 6 - 1 6 ( Algo ) Multiple differences [ LO 1 6 - 2 , 1 6 - 3 , 1 6

Exercise 16-16(Algo) Multiple differences [LO16-2,16-3,16-5]
For the year ended December 31,2021, Fidelity Engineering reported pretax accounting income of $1,000,000. Selected information for 2021 from Fidelity's records follows:
\table[[Interest income on municipal governmental bonds,$56,000
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