Pretax accounting income Essay

On January 1, 2010, Ameen Company purchased a building for $36 million. Ameen uses straight-line derogation for financial statement reporting and MACRS for income tax reporting. At celestial latitude 31, 2012, the carrying observe of the building was $30 million and its tax primer was $20 million. At declination 31, 2013, the carrying protect of the building was $28 million and its tax alkali was $13 million. There were no other temporary differences and no abiding differences. Pretax accounting income for 2013 was $45 million.On January 1, 2010, Ameen Company purchased a building for $36 million.Ameen uses straight-line disparagement for financial statement reporting and MACRS for income tax reporting. At December 31, 2012, the carrying value of the building was $30 million and its tax tush was $20 million. At December 31, 2013, the carrying value of the building was $28 million and its tax basis was $13 million. There were no other temporary differences and no ineradicab le differences. Pretax accounting income for 2013 was $45 million.On January 1, 2010, Ameen Company purchased a building for $36 million.Ameen uses straight-line depreciation for financial statement reporting and MACRS for income tax reporting. At December 31, 2012, the carrying value of the building was $30 million and its tax basis was $20 million. At December 31, 2013, the carrying value of the building was $28 million and its tax basis was $13 million. There were no other temporary differences and no perm differences. Pretax accounting income for 2013 was $45 million.On January 1, 2010, Ameen Company purchased a building for $36 million. Ameen uses straight-line depreciation for financial statement reporting and MACRS for income tax reporting. At December 31, 2012, the carrying value of the building was $30 million and its tax basis was $20 million. At December 31, 2013, the carrying value of the building was $28 million and its tax basis was $13 million.There were no other te mporary differences and no permanent differences. Pretax accounting income for 2013 was $45 million.On January 1, 2010, Ameen Company purchased a building for $36 million. Ameen uses straight-line depreciation for financial statement reporting and MACRS for income tax reporting. At December 31, 2012, the carrying value of the building was $30 million and its tax basis was $20 million. At December 31,