Question: Question 4 - Net Business income ( 7 points ) Jimmy is a self - employed tax accountant in Alberta. The current year's income statement

Question 4-Net Business income (7 points)
Jimmy is a self-employed tax accountant in Alberta. The current year's income statement for Jimmy's business (determined according to generally accepted accounting principles) is as follows:
\table[[Professional Income,$600,000
Question 4 - Net Business income ( 7 points )

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