What would be the amount of the charitable contribution on an M1-Report? Corporate financial statement: net income

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What would be the amount of the charitable contribution on an M1-Report? Corporate financial statement: net income of $146,600 including tax expense of $70,850, charitable contributions of $28,000, depreciation expense of $107,750, and meals expenses of $32,900. Depreciation expense for tax purposes is $150,700.

Posted Date: Nov 14, 2021 05:00 PM

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What would be the amount of the charitable contribution on an M1-Report? Corporate financial statement: net income

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Description amount Net income 146600 Federalincome tax per books 70850 217450 Chari... View the full answer

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