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The following information is available for Indigo Corporation for 2 0 2 4 ( its first year of operations ) . Excess of tax depreciation

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The following information is available for Indigo Corporation for 2024(its first year of operations).
Excess of tax depreciation over book depreciation, $38,000. This $38,000 difference will reverse equally over the years 2025-2028.
Deferral, for book purposes, of $19,800 of rent received in advance. The rent will be recognized in 2025.
Pretax financial income, $276,800.
Tax rate for all years, 30%.
(a)
Compute taxable income for 2024.
Taxable income $
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List of Accounts
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(b)
The parts of this question must be completed in order. This part will be available when you complete the part above.
(c)
The parts of this question must be completed in order. This part will be available when you complete the part above.
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