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Business, 25.02.2020 05:00 jdkrisdaimcc11

Freda's Florist reported the following before-tax income statement items for the year ended December 31, 2021: Operating income $ 255,000 Income on discontinued operations 67,000 All income statement items are subject to a 25% income tax rate. In its 2021 income statement, Freda's separately stated income tax expense and total income tax expense would be: Multiple Choice $80,500 and $130,500, respectively. $80,500 and $80,500, respectively. $80,500 and $63,750, respectively. $63,750 and $80,500, respectively.

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Freda's Florist reported the following before-tax income statement items for the year ended December...

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