Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
Answer: $160
Explanation:
Taxable income = Pretax income + (Non deductible expenses) - Deductible expenses
= Pretax income + Overweight fees + Depreciation expense - Depreciation in the tax return
= 195 + 5 + 70 - 110
= $160
We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.