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assume that gerald company paid $94,000 for income tax at the year 2015. The company had the following account balances at the beginning and end

assume that gerald company paid $94,000 for income tax at the year 2015. The company had the following account balances at the beginning and end of 2015.

account: beginning balance: ending balance:

deferred tax asset current $35,000 $20,000

deferred tax asset long term $44,000 $40,000

income tax payable $18,000 $15,000

what is the tax expense for 2015?

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