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Beta Corporation had income before income tax expense of $ 2 3 0 , 0 0 0 in 2 0 2 3 . Beta's current

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Beta Corporation had income before income tax expense of $230,000 in 2023. Beta's current
tax expense is $73,000 and deferred tax benefit is $7,000.
Required:
(a) Prepare Beta's 2023 partial income statement, beginning with income before income
tax expense.
(b) Calculate Beta's effective tax rate. Round to one decimal place.
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