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Green Inc. computed its pretax book income to be $1,000. Green identified the following four booktax differences that it will report on Schedule M-1 when
Green Inc. computed its pretax book income to be $1,000. Green identified the following four booktax differences that it will report on Schedule M-1 when it files Form 1120 later in the year. Tax-exempt interest income 50 tax penalties and fines 150 Accrued warranty 200 Depreciation in excess of book 100
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