Question: Eight independent situations are described below. Each involves future deductible amounts and/or future taxable amounts: Required: For each situation, determine taxable income, assuming pretax accounting

Eight independent situations are described below. Each involves future deductible amounts and/or future taxable amounts: Required: For each situation, determine taxable income, assuming pretax accounting income is $150 million. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

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