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Grand Corporation reported pretax book income of $666,000. Taxdepreciation exceeded book depreciation by $444,000. In addition,the company received $333,000 of tax-exempt municipal bondinterest. Th 1

Grand Corporation reported pretax book income of $666,000. Taxdepreciation exceeded book depreciation by $444,000. In addition,the company received $333,000 of tax-exempt municipal bondinterest. Th 1 answer

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