Check my work Taxable income Tax rate 23 20 $1.303,400 51,406.000 5525,200 20 36x 3 View previous compt There are no temporary differences other than those created by income tax losses. The company was struggling due to a competitor entering the market Required: 1. What is the amount of refund that will be claimed in 20x8? 5 1164 000 2. What is the amount of the loss carryforward in 2002 Check my work Taxable income Tax rate 23 20 $1.303,400 51,406.000 5525,200 20 36x 3 View previous compt There are no temporary differences other than those created by income tax losses. The company was struggling due to a competitor entering the market Required: 1. What is the amount of refund that will be claimed in 20x8? 5 1164 000 2. What is the amount of the loss carryforward in 2002