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Current Attempt in Progress The following information is available for Bramble Inc. for 2019: 1. 2. Excess of tax depreciation over book depreciation, $82,400.
Current Attempt in Progress The following information is available for Bramble Inc. for 2019: 1. 2. Excess of tax depreciation over book depreciation, $82,400. This $82,400 difference will reverse equally over the next 4 years. Deferral, for book purposes, of $24,800 of subscription income received in advance. The subscription income will be earned in 2020. 3. Pretax financial income, $153,100. 4. Tax rate for all years, 20%.
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