(L01,2) At December 31, 2017, Percheron Inc. had a deferred tax asset of $30,000. At December 31,...
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(L01,2) At December 31, 2017, Percheron Inc. had a deferred tax asset of $30,000. At December 31, 2018, the deferred tax asset is $59,000. The corporation’s 2018 current tax expense is $61,000. What amount should Percheron report as total 2018 income tax expense?
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