Compute radish companys taxable income given the following


Compute Radish Company's taxable income given the following information:

 Excess of gross profit on installment sales over gross profit for taxes ..... $ 6,000

 Tax-exempt interest revenue on municipal bonds ............ 3,000

 Pretax financial income ...................... 55,000

 Excess of rent collected in advance over rent revenue ........... 8,000

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Taxation: Compute radish companys taxable income given the following
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