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At the end of 2023, its first year of operations, Marigold Corp. prepared the following reconciliation between pre-tax accounting income and taxable income: The estimated

image text in transcribed At the end of 2023, its first year of operations, Marigold Corp. prepared the following reconciliation between pre-tax accounting income and taxable income: The estimated lawsuit expense of $404000 will be deductible in 2024 when it is expected to be paid. Use of the depreciable assets will result in taxable amounts of $304000 in each of the next three years. The income tax rate is 25% for all years. Marigold adheres to IFRS requirements. The current income tax payable is $152000. $202000. $0. $76000

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