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Financial statement reporting and Tax reporting are prepared in compliance with the following principles and regulations. a) Financial reporting according to AICPA pronouncements and Tax

Financial statement reporting and Tax reporting are prepared in compliance with the following principles and regulations.

a) Financial reporting according to AICPA pronouncements and Tax reporting according to SEC requirements.

b)Financial reporting according to GAAP and Tax reporting according to the IRS code and regulations

c) Financial reporting according to SEC regulations of public companies and Tax reporting according to IRS regulations.

d)Financial reporting according to GAAP and Tax reporting to SEC regulations.

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