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Determine rogene taxable income for the current year

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Question - Rogene, Inc., reported the following results for the current year.

Book income (before tax) $425,000

Tax depreciation in excess of book 25,000

Non-tax-deductible warranty expense 17,500

Municipal bond interest income 28,500

Determine Rogene's taxable income for the current year. Identify any temporary or permanent book-tax differences.

Reference no: EM131785155

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