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Teal Inc. reports the following incomes (losses) for both book and tax purposes: Accounting Income/ Tax Year [Loss Rate 2020 218,000 30% 2021 95,000 32%

Teal Inc. reports the following incomes (losses) for both book and tax purposes: Accounting Income/ Tax Year [Loss Rate 2020 218,000 30% 2021 95,000 32% 2022 (325,000 ) 34%% 2023 40,000 35% Teal Inc. ...

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