Question 36 Bronco Corporation's taxable income is $500,000. In addition, Bronco has the following items: Depreciation for tax purposes Depreciation for financial accounting purposes Net capital loss Interest on loan to acquire tax-exempt securities $60,000 40,000 (2,000) 7,000 What is Bronco's financial accounting income?

Bronco Corporation's taxable income is $500,000. In addition. Bronco has the following items: What is Bronco's financial accounting income