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Cullumber Corporation prepared the following reconciliation for its first year of operations: Pretax financial income for 2021 $2400000 Tax exempt interest (162000) Originating temporary

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Cullumber Corporation prepared the following reconciliation for its first year of operations: Pretax financial income for 2021 $2400000 Tax exempt interest (162000) Originating temporary difference (374000) Taxable income $1864000 The temporary difference will reverse evenly over the next 2 years at an enacted tax rate of 30%. The enacted tax rate for 2021 is 25%. In Cullumber's 2021 income statement, what amount should be reported for total income tax expense? O O $648600 $466000 $600000 $578200

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