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Business, 22.04.2020 02:16 hectorgonzalejr333

Woody Corp. had taxable income of $8,000 in the current year. The amount of depreciation reported in the tax return was $3,000, while the amount of depreciation reported in the income statement was $1,000. Assuming no other differences between tax and accounting income, Woody's pretax accounting income was:

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Woody Corp. had taxable income of $8,000 in the current year. The amount of depreciation reported in...
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