Compute the effective tax rate for 2017. (Round answer to 0 decimal places, e.g. 25%) The effective tax rate SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT FULL SCREEN PRINTER VERSION BACK NEXT Exercise 19B-10 The following facts relate to Flint Corporation. 1. Deferred tax liability, January 1, 2017, $64,800. 2. Deferred tax asset, January 1, 2017, $21,600 3. Taxable income for 2017, $113,400. 4. Cumulative temporary difference at December 31, 2017, giving rise to future taxable amounts, $248,400 5 Cumulative temporary difference at December 31, 2017, giving rise to future deductible amounts, $102,600. 6. Tax rate for all years, 40%. No permanent differences exist. 7. The company is expected to operate profitably in the future. Compute the amount of pretax financial income for 2017. Pretax financial income $283500 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Compute the effective tax rate for 2017. (Round answer to 0 decimal places, e.g. 25%) The effective tax rate SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT