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Question 29 1 pts Big Corporation, an accrual basis calendar year corporation, reported net income (GAAP) of $380,000 for the year. Included in that amount

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Question 29 1 pts Big Corporation, an accrual basis calendar year corporation, reported net income (GAAP) of $380,000 for the year. Included in that amount was $50,000 of interest income from City of Concord Bonds, federal income tax expense of $150,000, North Carolina Income Tax of $ 26,000, and interest expense of $2,000 on debt incurred to carry the City of Concord bonds. What is Big Corporation's taxable income? $310,000 $500,000 $482,000 $550,000

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