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Woody Corp. had taxable income of $7,950 in the current year. The amount of MACRS depreciation the amount of depreciation reported in the income statement

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Woody Corp. had taxable income of $7,950 in the current year. The amount of MACRS depreciation the amount of depreciation reported in the income statement was $975. Assuming no other differences between tax and accounting income, Woody's pretax accounting income was: $2,800, while was Multiple Choice $5,150. $10,750. $9,775 $6,125

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