art Time: 06:27 AM / Remaining: 43 min. CALCULATOR PRINTER VERSION BACK NEXT ! URCES be E dF ance Question 7 Wildhorse Company deducts insurance expense of $237000 for tax purposes in 2021, but the expense is not yet recognized for accounting purposes. In 2022, 2023, and 2024, no insurance expense will be deducted for tax purposes, but $79000 of insurance expense will be reported for accounting purposes in each of these years. Wildhorse Company has a tax rate of 20% and income taxes payable of $198000 at the end of 2021. There were no deferred taxes at the beginning of 2021. Assuming that income taxes payable for 2022 is $276000, the income tax expense for 2022 would be what amount? of 9 pu purr O $323400 O $291800 ACC O $276000 $260200 ses ded iting the Study Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER edud se