Use the Following Selected Data to Calculate Devon's Taxable Income$$\begin{array} { l r }
\text { Tax preferences } & \$ 45,000 \
\text { Positive AMT adjustments } & 52,000 \
\text { Negative AMT adjustments } & 15,000 \
\text { AMTI } & 290,000
\end{array}$$

Question

Use the Following Selected Data to Calculate Devon's Taxable Income$$\begin{array} { l r } 
\text { Tax preferences } & \$ 45,000 \
\text { Positive AMT adjustments } & 52,000 \
\text { Negative AMT adjustments } & 15,000 \
\text { AMTI } & 290,000
\end{array}$$

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The Answer of Use the Following Selected Data to Calculate Devon's Taxable Income$$\begin{array} { l r } 
\text { Tax preferences } & \$ 45,000 \
\text { Positive AMT adjustments } & 52,000 \
\text { Negative AMT adjustments } & 15,000 \
\text { AMTI } & 290,000
\end{array}$$

Use the Following Selected Data to Calculate Devon's Taxable Income

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