from Westside, Inc. owns 15% of Innsbrook's common stock. This year, Westside generated $50,000 operating Income and rece Innsbrook. Westside's taxable income is: O $60,000 O $66,000 O $50,000 O $54,000 QUESTION 13 2 points Save Any Mandrake, Inc. has book income of $569,300. Its income includes a $50,700 bad debt expense, determined by the allowance method. Actual write offs this year were $48,000. Based only on this information, compute Mandrake's taxable income. O $569,300 O $572,000 O $566,600 O $528,600 QUESTION 14 2 points Palm Corporation has book income of $424,000. Book income reflects $200,000 income tax expense and $55,000 depreciation expense. Tax depreciation expense computed under MACRS is $65,000. Palm received $25,000 of prepaid rent not included in book income. Based only on these items, compute Palm's taxable income. O $639,000 O $609,000 $659,000 O $589,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window