Aqua Company has net income for financial statement purposes of $100,000.On its financial statements it recorded a charitable contribution of $20,000 and federal income tax expense of $30,000.What is Aqua's taxable income?

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The Answer of Aqua Company has net income for financial statement purposes of $100,000.On its financial statements it recorded a charitable contribution of $20,000 and federal income tax expense of $30,000.What is Aqua's taxable income?

Aqua Company Has Net Income for Financial Statement Purposes of $100,000.On