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In 2019. AutoUSA Inc. recorded $640,000 of net book income before federal taxes, including $25,000 of interest income from tax-exempt bonds, interest expense of $2,000

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In 2019. AutoUSA Inc. recorded $640,000 of net book income before federal taxes, including $25,000 of interest income from tax-exempt bonds, interest expense of $2,000 on a loan used to finance the acquisition of the tax-exempt bond, $3,000 of life insurance premiums to cover key employees where AutoUSA is the beneficiary, $70,000 of charitable contributions and $10,000 in dividend income from a 15% owned corporation. In addition Auto USA computed that the MACRS depreciation for 2019 exceeds the book depreciation by $17,000. What is AutoUSA's taxable income when it files its return, be sure to show your calculations

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