57 TB Problem 16-149 (Algo) Four independent situations are... Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences reported first on: (1) (2) (3) (4) Income Statement Revenue $ 17,500 $ 14,500 Accounting income Temporary differences: Income statement first: Expense Revenue Expense Tax return first: Revenue Expense Taxable income $ 17,500 $ 17,500 (1) Tax Return Revenue Required: For each situation, determine the taxable income assuming pretax accounting income is $100,000. Note: Amounts to be deducted should be indicated by a minus sign. $ 14,500 $ 6,500 (2) Expense $ 17,500 $ 11,500 (3)

TB Problem 16-149 (Algo) Four independent situations are... Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences reported first on: Required: For each situation, determine the taxable income assuming pretax accounting income is \\( \\$ 100,000 \\). Note: Amounts to be deducted should be indicated by a minus sign