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Concord Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. Concord Inc. follows IFRS. Year 2023 2024 2025 2026

Concord Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. Concord Inc. follows IFRS. Year 2023 2024 2025 2026 Accounting Income (Loss) $307 ,ooo 121,000 (564,000) 436,000 Tax Rate 25% 25% 22% 22% The tax rates were all enacted by the beginning of 2023.

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