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Business, 02.04.2021 01:20 ayeeitsenaly4175

Hopkins Co. at the end of 2019, its first year of operations, prepared a reconciliation between pretax financial income and taxable income as follows: Pretax financial income $6,000,000 Estimated litigation expense 1,000,000 Extra depreciation for taxes (3,000,000) Taxable income $ 4,000,000 The income tax rate is 20% for all years. The Ending Balance in the G/L Account, Deferred Tax Liability is:

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Hopkins Co. at the end of 2019, its first year of operations, prepared a reconciliation between pret...

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