Question: ! Required information Problem 1 6 - 4 2 ( LO 1 6 - 2 ) ( Static ) [ The following information applies to

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Required information
Problem 16-42(LO 16-2)(Static)
[The following information applies to the questions displayed below]
What book-tax differences in year 1 and year 2 associated with its capital gains and losses would ABD Incorporated report in the following alternative scenarios? Identify each book-tax difference as favorable or unfavorable and as permanent or temporary.
Note: Leave no answer blank. Enter zero if applicable and select "Not applicable" if no effect.
Problem 16-42 Part b (Static)
b.
\table[[,Year 1,Year 2],[Capital gains,$8,000,$5,000
! Required information Problem 1 6 - 4 2 ( LO 1 6

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