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All the information is showed, it doesnt say the tax rate so I am assuming its standard rtax rate Randolph Company reported pretax net income

All the information is showed, it doesnt say the tax rate so I am assuming its standard rtax rate

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Randolph Company reported pretax net income from continuing operations of $1,003,000 and taxable income of $710,000. The book-tax difference of $293,000 was due to a $283,000 favorable temporary difference relating to depreciation, an unfavorable temporary difference of $140,000 due to an increase in the reserve for bad debts, and a $150,000 favorable permanent difference from the receipt of life insurance proceeds. Compute Randolph Company's current income tax expense. X Answer is not complete. Current income tax expense Randolph Company reported pretax net income from continuing operations of $1,003,000 and taxable income of $710,000. The book-tax difference of $293,000 was due to a $283,000 favorable temporary difference relating to depreciation, an unfavorable temporary difference of $140,000 due to an increase in the reserve for bad debts, and a $150,000 favorable permanent difference from the receipt of life insurance proceeds. compute Randolph Company's deferred income tax expense or benefit. Deferred income tax expense

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