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QUESTION 71 6 points For book purposes, RadioAircast incorporated reported $15,000 of income from municipal bonds. It also expensed $12,000 of radio station filing fines

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QUESTION 71 6 points For book purposes, RadioAircast incorporated reported $15,000 of income from municipal bonds. It also expensed $12,000 of radio station filing fines paid to the FCC the same year. What is the total book-tax difference associated with these items? Is it favorable or unfavorable? What amount of the total adjustment is permanent and what amount is temporary? For the toolbar, press ALT=F10 (PC) or ALT-FN-F10 (Mac). Igs Paragraph Arial 10pt A I % 0 a 6. E 3 X X V V V v - [+ so TT 99 0) + P O WORDS POWERED BY TINY

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