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Question 2 O out of 2 points Assume Maple Corp. has just completed the third year of its existence (year 3) The table below indicates

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Question 2 O out of 2 points Assume Maple Corp. has just completed the third year of its existence (year 3) The table below indicates Maple's ending book inventory for each year and the additional $263A costs (UNICAP) it was required to include in its ending inventory Maple immediately expensed these costs for book purposes. In year 2. Maple sold all of its year 1 ending inventory, and in year 3 it sold all of its year 2 ending inventory What book-tax difference associated with its inventory did Maple report in year 2? (Enter a favorable difference as a positive and an unfavorable difference as a negative) Year 1 Year 2 Year 3 Ending book inventory $2,400,000 $2,700,000 $2,040,000 Additional $ 263A costs 60.000 71.000 40 000 Ending tax inventory $2,460,000 $2.771,000 $2,080,000 Selected Answer: [None Given)

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