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Business, 22.03.2021 21:30 AikawaAisyah2080

Marlin Corporation reported pretax book income of $1,001,000. During the current year, the net reserve for warranties increased by $25,200. In addition, book depreciation exceeded tax depreciation by $100,100. Finally, Marlin subtracted a dividends received deduction of $15,100 in computing its current year taxable income. Marlin's current income tax expense or benefit would be:

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Marlin Corporation reported pretax book income of $1,001,000. During the current year, the net reser...

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