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during the first quarter of 20X3, Tech Company had income before taxes of $200,000, and its effective income tax rate was 15%. Tech's 20X2 effective
during the first quarter of 20X3, Tech Company had income before taxes of $200,000, and its effective income tax rate was 15%. Tech's 20X2 effective annual income tax rate was 30%, but Tech expects its 20X3 effective annual income tax rate to be 25%. in its first quarter interim income statement, what amount of in come tax expense should Tech report
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