Present your findings regarding the gain received from the sale of the distribution warehouse, the reconciliation of book income to taxable income, and the schedule M-1 as if you were presenting them to the controller of Palo Alto, Michael Smith. In your presentation, be sure to explain the difference between favorable and unfavorable book-tax differences as well as permanent and temporary book-tax differences.
You will be presenting and discussing your findings to the class using the voice-over feature in PowerPoint or YouTube.
Please be sure the audio is clear and the file or link is accessible in the Week 4 Presentation discussion board.

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