Question
Franklin Stewart arrived at the following tax information: Gross salary $ 50,900 Interest earnings 270 Eligible dividend income 170 Basic personal amount 3,650 Union dues
Franklin Stewart arrived at the following tax information:
| Gross salary | $ | 50,900 |
| Interest earnings | 270 | |
| Eligible dividend income | 170 | |
| Basic personal amount | 3,650 | |
| Union dues | 7,980 | |
| Moving expense (50 km for employment) | 1,160 | |
What amount will Franklin report as taxable income? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) Taxable income
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
10th International Edition
0130851779, 978-0130851772
