Company

K

incurs a

$31,400

deductible expense.\ Required:\ a. Compute the current year tax savings from the deduction assuming that Company K's taxable income before considering the additional deduction is

$68,700

.\ b. Compute the current year tax savings from the deduction assuming that Company K's taxable income before considering the additional deduction is

$175,600

.\ c. Compute the current year tax savings from the deduction assuming that Company

K

has a

$5,600

loss before considering the additional deduction.\ Complete this question by entering your answers in the tabs below.\ Required A\ Compute the current year tax savings from the deduction assuming that Company

K

has a

$5,600

loss before considering the additional deduction.\ Tax savings\

$

\ 0

Company K incurs a $31,400 deductible expense. Required: a. Compute the current year tax savings from the deduction assuming that Company K's taxable income before considering the additional deduction is $68,700. b. Compute the current year tax savings from the deduction assuming that Company K's taxable income before considering the additional deduction is $175,600. c. Compute the current year tax savings from the deduction assuming that Company K has a $5,600 loss before considering the additional deduction. Complete this question by entering your answers in the tabs below. Compute the current year tax savings from the deduction assuming that Company K has a $5,600 loss before considering the additional deduction. Company K incurs a $31,400 deductible expense. Required: a. Compute the current year tax savings from the deduction assuming that Company K's taxable income before considering the additional deduction is $68,700. b. Compute the current year tax savings from the deduction assuming that Company K's taxable income before considering the additional deduction is $175,600. c. Compute the current year tax savings from the deduction assuming that Company K has a $5,600 loss before considering the additional deduction. Complete this question by entering your answers in the tabs below. Compute the current year tax savings from the deduction assuming that Company K has a $5,600 loss before considering the additional deduction