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6.Moore Company reported the following operating results during its first three years of operations 2016 Pretax operating loss 2017 Pretax operating loss 2018 Pretax operating
6.Moore Company reported the following operating results during its first three years of operations 2016 Pretax operating loss 2017 Pretax operating loss 2018 Pretax operating income $ (45,000) $(200,000) $300,000 No permanent or temporary differences occurred during these fiscal periods. Assuming an inc rate of35%, what is the amount of current income tax liability(ITP) that Moore should report December 31, 2018 if loss carryback were allowed? a.SO b. $21,000 c. S19,250 d. $91,000 e. $105,000
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