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References Grand Corporation reported pretax book income of $ 6 3 3 , 0 0 0 . Tax depreciation exceeded book depreciation by $ 4
References Grand Corporation reported pretax book income of $ Tax depreciation exceeded book depreciation by $ In addition, the company received $ of taxexempt municipal bond interest. The company's prioryear tax return showed taxable income of $ Grand's beginning book tax basis in its fixed assets was $$ and its ending book tax basis is $$ Compute the company's current income tax expense or benefit. Note: Leave no answer blank. Enter NA or zero.
References
Grand Corporation reported pretax book income of $ Tax depreciation exceeded book depreciation by $ In addition,
the company received $ of taxexempt municipal bond interest. The company's prioryear tax return showed taxable income of
$ Grand's beginning book tax basis in its fixed assets was $$ and its ending book tax basis is
$$ Compute the company's current income tax expense or benefit.
Note: Leave no answer blank. Enter NA or zero.
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