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Guava, Inc. has financial accounting book income of $10,532,050. This book income amount includes a $937.950 bad debt expense, determined by the allowance method. Actual
Guava, Inc. has financial accounting book income of $10,532,050. This book income amount includes a $937.950 bad debt expense, determined by the allowance method. Actual write offs this year were $888,000. Based only on this information, compute Guava's taxable income. $10,482,100 59.779.100 $10,582.000 $10.532.050
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