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A $120 temparaty difference existed for the Orland Company, caused by accelerated tax depreciation on 12/31/24. The difference will prese evenly over the next three
A $120 temparaty difference existed for the Orland Company, caused by accelerated tax depreciation on 12/31/24. The difference will prese evenly over the next three years. Tax Rates are so in 2024 25% in 2025, and 20% in 2026 and beyond. Pretax book income in 2024 is $1.000 What is 12/31/24 Income Tax Payable? Sector a. 5915 b. 5291 5297 Od $300 ..$264 A potential loss carryforward can result in a Select one Da DTA OOTL 1. DTA but not a DTL OC DTL but not a DTA O d. Neither a DTA nor a DTL The Destin Company has one temporary difference of $120 caused by accelerated tax depreciation on 12/31/22. The difference will reverse werly over the next three years Tax Rates are 30% in 2022 25% in 2003 and 20% in 2024 and beyond. Preta book income in 2022 is 51.000 What a 2022 Income Tax Expense? Select one: 3.5215 b. 5290 Oc5297 d. 5238 5264
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