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Business, 01.07.2019 23:10 BreadOfTheBear

This year truckit reported taxable income of $160,000 and received $20,000 of municipal interest. truckit paid $55,000 in entertainment expenses and $15,000 in fines and penalties truckit had $50,000 of accumulated e& p at the beginning of the year. what is truckit’s current e& p?

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This year truckit reported taxable income of $160,000 and received $20,000 of municipal interest. tr...
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