Bumble Bee Co. had taxable income of $7,000, MACRS depreciation of $5,000, book depreciation of $2,000, and accrued warranty expense of $400 on the books although no warranty work was performed. What is Bumble Bee's pretax accounting income?
A) $4,400.
B) $3,600.
C) $9,600.
D) $2,600.
Correct Answer:
Verified
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