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Banco had the following tax information. In 2018, Bainco suffered a net operating loss of $480,000, which it elected to carry back. The 2018 enacted

Banco had the following tax information. In 2018, Bainco suffered a net operating loss of $480,000, which it elected to carry back. The 2018 enacted tax rate is 29% Prepare Conlin's entry to record the effect of the loss carryback

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