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Business, 23.10.2019 01:00 nisha87

Costello corporation reported pretax book income of $500,300. during the current year, the reserve for bad debts increased by $5,600. in addition, tax depreciation exceeded book depreciation by $40,300. finally, costello received $3,150 of tax-exempt life insurance proceeds from the death of one of its officers. costello's deferred income tax expense or benefit would be:

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Costello corporation reported pretax book income of $500,300. during the current year, the reserve f...
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