Determine the taxable income for the company, Taxation

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Determine the taxable income for the company

Response to the following problem:

A construction company has an estimated profit, before taxes, of $547,852 for the year. Included in the company's costs is $65,258 for meals and entertainment. Determine the taxable income for the company.

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Taxation: Determine the taxable income for the company

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Taxation: Determine the taxable income for the company

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