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The following schedule reconciles Cele Co.'s pretax GAAP income Pretax GAAP income Nondeductible expense for fines Tax deductible depreciation in excess of GAAP depreciation expens
The following schedule reconciles Cele Co.'s pretax GAAP income Pretax GAAP income Nondeductible expense for fines Tax deductible depreciation in excess of GAAP depreciation expens Taxable rental receipts in excess of GAAP rental revenue Taxable income Assuming a tax rate of 25%, what would the company calcula Select one: a. $0 b. $4,025 c. $4,500 d. $3,250
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