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b) Prepare the journal entry to record income tax expense, deferred income tax, and income tax payable for 20x1. c) Compute net income for 20x1.

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b) Prepare the journal entry to record income tax expense, deferred income tax, and income tax payable for 20x1. c) Compute net income for 20x1. II. Pension data for the Denver Company include the following for the current calendar year: Discount nate, 8% Expected return on plan assets, 10% Actual retum on plan assets, 9% Service cos, $200,000 a) Determine pension espense for the year. b) Prepare the journal entries to record pension expense and funding for the year

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