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Taxable income is $600,000 Municipal bond interest 100,000 Straight-line depreciation (GAAP) 500,000 Tax depreciation 400,000 What is the pretax financial income on the income statement?

Taxable income is $600,000

Municipal bond interest 100,000

Straight-line depreciation (GAAP) 500,000

Tax depreciation 400,000

What is the pretax financial income on the income statement?

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