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Exercise 1 6 - 1 0 ( Algo ) Calculate income tax amounts under various circumstances; financial statement effects [ L 0 1 6 -
Exercise Algo Calculate income tax amounts under various circumstances; financial statement effects L
Four independent situations are described below. Each involves future deductible amounts andor future taxable amounts produced by temporary differences:
tabletable$ in thousandsSituationTaxable income,$$$$
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