The Montoya Corporation reports the following differences between financial and taxable income for the current year:
![The Montoya Corporation reports the following differences between financial and taxable income for the current year: Assume that Montoya Corporation had pretax accounting income [before considering items (a)through (h)] of $850,000 for the current year.Compute the taxable income for the current year.](https://d2lvgg3v3hfg70.cloudfront.net/TB2120/11ea822a_7bc8_67de_9591_11faa0526b03_TB2120_00.jpg)
Assume that Montoya Corporation had pretax accounting income [before considering items (a)through (h)] of $850,000 for the current year.Compute the taxable income for the current year.
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