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Beola Corporation is subject to tax only in State A. Beola Corporation generated the following...

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Accounting

Beola Corporation is subject to tax only in State A. Beola Corporation generated the following Income and deductions.

Federal Taxable Income $800,000
State A Income Tax Expense 65,000
Depreciation allowed for Federal Income Tax purposes 400,000
Depreciation allowed for State Income Tax purposes 290,000

Federal Taxable Income is the starting point in computing State A Taxable Income. State Income Taxes are not deductible for State A tax purposes. Beola Corporation's State A Taxable Income is:

$975,000.
$835,000.
$800,000.
$865,000.

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