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Business, 21.06.2019 13:10 aaron2113

At the end of the year, blossom co. has pretax financial income of $561,000. included in the $561,000 is $73,000 interest income on municipal bonds, $25,000 fine for dumping hazardous waste, and depreciation of $64,400. depreciation for tax purposes is $48,300. compute income taxes payable, assuming the tax rate is 30% for all periods.

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At the end of the year, blossom co. has pretax financial income of $561,000. included in the $561,00...
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