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Pineapple Corporation has financial accounting book income of $3,392.000. Book Income reflects 51,040,000 federal income tax expense and 5440.000 depreciation expense. Tax depreciation expense computed

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Pineapple Corporation has financial accounting book income of $3,392.000. Book Income reflects 51,040,000 federal income tax expense and 5440.000 depreciation expense. Tax depreciation expense computed under MACRS is $520,000, Pineapple received $200,000 of prepaid rent not included in book income Based only on these items, compute Pineapple's taxable income. 54.152.000 $4312.000 54,552.000 54.712.000

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