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The following information is available for Cheyenne Inc. for 2019: 1 2. Excess of tax depreciation over book depreciation, $81.600. This $81,600 difference will
The following information is available for Cheyenne Inc. for 2019: 1 2. Excess of tax depreciation over book depreciation, $81.600. This $81,600 difference will reverse equally over the next 4 years. Deferral, for book purposes, of $26,400 of subscription income received in advance. The subscription income will be earned in 2020. 3. Pretax financial income, $199,400. 4. Tax rate for all years, 20%. (a) Your answer has been saved. See score details after the due date Compute taxable income for 2019. Taxable income 144200 Attempts: 1 of 1 used
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