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View Policies Current Attempt in Progress The following information is available for Swifty Corporation for 2019 (its first year of operations). 1. 2. Excess of

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View Policies Current Attempt in Progress The following information is available for Swifty Corporation for 2019 (its first year of operations). 1. 2. Excess of tax depreciation over book depreciation, $38,400. This $38,400 difference will reverse equally over the years 2020-2023 Deferral, for book purposes, of $20,800 of rent received in advance. The rent will be recognized in 2020. Pretax financial income. $284,000. Tax rate for all years, 20%. 3. 4. (a) Compute taxable income for 2019. Taxable income $ e Textbook and Media List of Accounts f

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