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Mathematics, 11.10.2019 17:30 aliyahaliyah54
Parker co.’s 2018 income statement reported $48,077 in income before provisions for income taxes. to compute the provision for federal income taxes, the following 2018 data are provided:
life insurance premiums that are not deductible for income tax purposes $6,432
income from exempt municipal bonds $13,097
depreciation deducted for income tax purposes $14,351
depreciation deducted for financial reporting $17,495
the tax rate is 30%
what amount should parker report as income tax expense?
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Parker co.’s 2018 income statement reported $48,077 in income before provisions for income taxes. to...
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