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I am not sure how to answer question 3 (b) of the attached question. Using the answer from 3 (a), the taxable profit is $

I am not sure how to answer question 3 (b) of the attached question. Using the answer from 3 (a), the taxable profit is $ 55 , 100 but I am unsure how to enter that into a journal entry ( or where to ...

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