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*Exercise 19-8 (Part Level Submission) Marin Company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019

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*Exercise 19-8 (Part Level Submission) Marin Company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 Pretax financial income $820,000 $927,000 $912,000 Excess depreciation expense on tax return (28,700) (42,000) (9,700) Excess warranty expense in financial income 20,100 10,400 7,800 Taxable income $811,400 $895,400 $910,100 The income tax rate for all years is 40%. Prepare the income tax expense section of the income statement for 2019, beginning with the line "Pretax financial income." (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Marin Company Income Statement (Partial) Attempts: 0 of 3 used

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