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17 3 17- 18 - With the objective of calculating the income tax expense, complete the simplified income tax calculation in appendix B. For simplicity

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17 3 17- 18 - With the objective of calculating the income tax expense, complete the simplified income tax calculation in appendix B. For simplicity we will assume that the tax depreciation is equal to the accounting depreciation At the beginning of the month of December 20X4, the company's common stock consisted of 25 000 common shares with the right to vote. Hydro Quebed's last invoice covered a two month period ending November 20, 2184. An estimation based on consumption for the month of December shows $410 of accrued expens. Do not take into consideration the GST and OST. 19 20. Without an invoice from Bell Canada, the company estimates the telephone expense to be $218 for the month of December. Do not take into consideration the GST and QST. 17 3 17- 18 - With the objective of calculating the income tax expense, complete the simplified income tax calculation in appendix B. For simplicity we will assume that the tax depreciation is equal to the accounting depreciation At the beginning of the month of December 20X4, the company's common stock consisted of 25 000 common shares with the right to vote. Hydro Quebed's last invoice covered a two month period ending November 20, 2184. An estimation based on consumption for the month of December shows $410 of accrued expens. Do not take into consideration the GST and OST. 19 20. Without an invoice from Bell Canada, the company estimates the telephone expense to be $218 for the month of December. Do not take into consideration the GST and QST

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