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1 . Assume no difference between state taxable income and federal taxable income 2 . Assume state combined rate of 6 . 5 % and

1. Assume no difference between state taxable income and federal taxable income
2. Assume state combined rate of 6.5% and a federal rate of 35%.
3. Tax Rates have not changed from last year.
Question: What Journal Entries should be booked for the 2020 tax provision?
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