Flywest airlines inc has regular taxable income of 190, Financial Accounting

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Flywest airlines inc has regular taxable income of 190

Flywest Airlines, Inc. has regular taxable income of $190 million. It also has $10 million of AMT preference items, a $5 million unfavorable depreciation adjustment, and a $2 million favorable ACE adjustment. What is Flywest's alternative minimum tax income (AMTI)?

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Financial Accounting: Flywest airlines inc has regular taxable income of 190

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Financial Accounting: Flywest airlines inc has regular taxable income of 190

Reference No:- TGS01595261

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