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In the current year of income, Chris had $65,000 of assessable income, $5,000 of deductions and $6,000 net exempt income. What is Chris's taxable income?
In the current year of income, Chris had $65,000 of assessable income, $5,000 of deductions and $6,000 net exempt income. What is Chris's taxable income? a) $70,000 b) $75,000 c) $60,000 d) $6,000
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
