MNO's taxable income was $900 during 2013.MNO had product warranty costs of $360 recognizable for tax purposes and $400 recognizable for financial accounting purposes.MNO had no other temporary differences.MNO's pre-tax accounting income for 2013 would be:
A) $900
B) $1,260
C) $940
D) $860
Correct Answer:
Verified
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