Question: Based on the information shown below, what is the taxable profit for the period? Accounting profit before income tax Fines and penalties (non-deductible) Depreciation of

Based on the information shown below, what is the taxable profit for the period? Accounting profit before income tax Fines and penalties (non-deductible) Depreciation of plant (accounting) Depreciation of plant (tax) Long-service leave expense ($Nil paid) $280 000 22 000 50.000 110 000 10 000 O a. $308,000. O b. $252.000. O c. $230 000. O d. $242 000

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