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Current Attempt in Progess The following tacts relanc to Biossom Corporation. Delerned tak liablity, Janury 1 , 2 0 2 5 , 5 3 6

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Current Attempt in Progess
The following tacts relanc to Biossom Corporation.
Delerned tak liablity, Janury 1,2025,536,900.
Takible inomelor 2025.5129.150.
The compary is expecies to operake proficily in the futione.
(a)
elextbook andi Media
Assistance Used
List of Accounts
Siove ther thation
Antempt: 2 of 3 used
(b)
The parts of this questian must be conpieted in arder. This part will be aval able when you complete the part above.
(c)
The parts of this ouestion must be completed in or der. This part will be available when you complete the part above
(d)
Current Attempt in Progress
The following facts relate to Blossom Corporation.
Deferred tax liability, January 1,2025,$36,900.
Deferred tax asset, January 1,2025,$12,300.
Taxable income for 2025,$129,150.
Cumulative temporary difference at December 31,2025, giving rise to future taxable amounts, $282,900.
Cumulative temporary difference at December 31,2025, giving rise to future deductible amounts, $116,850.
Tax rate for all years, 20%. No permanent differenoes exist.
The company is expected to operate profitably in the future.
(a)
X Your answer is incorrect.
Compute the amount of pretax financial income for 2025.
Pretax financial income $
eTextbook and Media
Assistance Used
List of Accounts
Attempts: 2 of 3 used
(b)
The parts of this question must be completed in order. This part will be ava ilable when you complete the part above.
(c)
The parts of this question myst be completed in order. This part will be available when you complete the part above.
(d)
The parts of this question must be completed in order. This part will be available when you complete the part above.
image text in transcribed

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