The Cat Corporation had $20,000 of book income in the current year. The following is a list of differences between federal and book income and expenses:
Based on the above information, calculate the Cat Corporation's federal taxable income for the year. Show your calculations.

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The Answer of The Cat Corporation had $20,000 of book income in the current year. The following is a list of differences between federal and book income and expenses:
Based on the above information, calculate the Cat Corporation's federal taxable income for the year. Show your calculations.

The Cat Corporation Had $20,000 of Book Income in the Current