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For the current year, a company reported pretax accounting income of $ 2 4 0 , 0 0 0 , taxable income of $ 3

For the current year, a company reported pretax accounting income of $240,000, taxable income of $310,000, and a decrease in a deferred tax liability of $17,500. Assuming
a tax rate of 25%, what is net income?
$145,000
$60,000
$95,000
$250,000
$180,000
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