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hello im stuck on the line about bad debt and also the line about other revenues and expenses C CORPORATION BOOK-TO-TAX RECONCILIATION. Western Corporation, an

hello im stuck on the line about bad debt and also the line about other revenues and expenses

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C CORPORATION BOOK-TO-TAX RECONCILIATION. Western Corporation, an accrual basis, calendar-year C corporation, began operations on January 2, 2000. For each item below, determine the 2010 Schedule M-l adjustment to reconcile book income to taxable income, i.e., the amount and the effect Lt or -).| Net income per books 1 1,000,000 During 2010, Western increased its allowance for uncollectible accounts Western reported depreciation for nancial purposes of '. 90,000; Western acquired another corporation in 2007, paying 6'00,000 for goodwill. Western recorded a goodwill impairment loss of $30,000 for nancial purposes in 2010. In December 2009, Western received '. 35,000 as an advance payment for an order 'om a customer. Western reported the $35,000 as a liability (unearned income) on its balance sheet at 12/31/09 and as earned income in 2010. In December 2010, Western received '. 30,000 as an advance payment for an order from a customer. Western reported the $30,000 as a liability (unearned income) on its balance sheet at 12f3 1310. Western reported gains of '30,000 and losses of '38,000 from the sale of investments in its \"Other Revenues & Expenses\" section of its income statement. Western deducted a R 10,000 excess charitable contribution carryover from 2009 on its 2010 tax return. Western received dividend income from a 25 %-owned corporation totaling $60,000. Western reported '. 25,000 as its U.S. production activities deduction on its 2010 income tax return. In May 2010, Western paid a 110,000 ne to a local government for vlolatmg a local ordinance. Taxable Income

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