At December 31, 2020, Coronado Inc. had a deferred tax asset of $32,500. At December 31, 2021, the deferred tax asset is $62,900. The corporations
At December 31, 2020, Coronado Inc. had a deferred tax asset of $32,500. At December 31, 2021, the deferred tax asset is $62,900. The corporations 2021 current tax expense is $62,400. What amount should Coronado report as total 2021 income tax expense?
Total income tax expense for 2021?
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Authors: Dennis Jennings, John Brady, Rich Shappard, Craig Friou
8th Edition
0940966328, 978-0940966321
